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Lysel
Lysel is a 38-year-old woman, a widow with two children. For four years, she has been purchasing coconut shell in the community of Capucao, Ozamiz City, Misamis Occidental, to produce charcoal for sale in the market. She earns PHP 2,500 a month from this business. In 2009, she joined GDMPC to gain access to microfinance. Recently, she borrowed PHP 4,000 to buy additional coconut shell to produce more charcoal for sale. In the future, she wants to use her revenues to repair their house to provide better shelter for her children.

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

  • $7,000
    Average annual income
  • 1503
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Lysel to purchase additional coconut shell to use in producing more charcoal to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013