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Roselyn

Update on Roselyn

Roselyn is a 43-year-old married woman living in Punta, Panaon, Philippines. She has 2 children who have assisted her sometimes in the feeding and caring of the animals. The small piggery she is working on at this time was started 5 years ago. While not the only source of income, Roselyn earns a total of about PHP 25,000 a month. Recently, she has requested PHP 50,000 to purchase additional piglets to raise. She plans to buy more piglets and renovate the livestock shelter to gain more income and improve her family's living condition.

Previous Loan Details

Roselyn is a 42-year-old married woman living in Punta, Panaon, Philippines. She has 2 kids who have assisted her sometimes in the feeding and caring of the animals. The small piggery she is working on at this time commenced 5 years ago. While not the only source of income, Roselyn earns a total ... More from Roselyn'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

  • $7,000
    Average annual income
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Roselyn to purchase additional piglets to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014