Update on LiezylLiezyl is a married woman and has three children. Liezyl is 21 years old and resides in Tabuan, Tukuran Zamboanga del Sur: Philippines. She owns and operates a general store, selling a variety of food products to earn a living and she's been in this business for 3 years. Each month, she earns 6,500 PHP doing this type of business. She requested a loan of 8,200 PHP to buy ingredients and utensils needed.
In 2008, Liezyl joined GDMPC to gain access to financial services to help improve her business and living situation. In the future, Liezyl wants to build a house and for her children to finish their studies.
Previous Loan DetailsLiezyl is 34 years old, married and has one child. For the past six years she has owned and operated a sari-sari (general store), earning 6,000 PHP a month. In 2008 Liezyl joined GDMPC. She is applying for a 10,000 PHP loan that will be used to buy new stock for her store such as candies, Mi... More from Liezyl's previous loan »
About GDMPCGata 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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