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Freddie
Freddie, 29 years old and married, lives in Pana-on, Misamis Occidental. He owns and manages a banana and fruit tree farm, earning PHP 5,000 a month. Now he needs weeding maintenance so he decided to ask for a micro credit loan from GDMPC for PHP 7,000. In the near future, he dreams of having a well-developed farm.

Additional Information

About GDMPC

Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.

About Philippines

  • $1175
    Average annual income
  • 1117
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $175 helped Freddie to pay for farm weeding maintenance.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014