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Perebeth

Update on Perebeth

Perebeth is married and lives in Bañadero, Ozamis City. To make a living, she owns and manages a transportation service, providing motor transport services. She earns 12,000 PHP a month and has been in this business for four years.

Perebeth is borrowing the amount of 15,000 PHP from GDMPC microcredit to pay for the maintenance of her motorbike and to purchase accessories. She joined GDMPC in 2011. She plans to improve her transportation services in the future.

Previous Loan Details

Perebeth lives in Bañadero, Ozamis City. She has earned a living through providing transportation services for 3 years. She gets an income of 12,000 PHP a month for this business. Without hesitation, Perebeth is borrowing the amount of 15,000 PHP from GDMPC microcredit to repair the transport veh... More from Perebeth's previous loan »

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.

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.

About Philippines

  • $1175
    Average annual income
  • 330
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Perebeth to pay for the maintenace of her motorbike and for accessories.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014