Update on JulietJuliet is 32 years old, married and the mother of two kids. She lives in Calabayan, Ozamis City, where she has earned a living for the last two years by selling home and used products. Aside from doing this, she also manages her piggery raising piglets for sale. She borrowed 5,000 PHP from GDMPC micro credit to purchase feed and piglets to raise. She plans to expand her piggery to generate additional income for a better future.
Previous Loan DetailsJuliet is 32 years old, married and the mother of one kid. She lives in Calabayan, Ozamis City, where she has earned a living for the last two years by selling home and used products. She makes 2,000 PHP (Philippines pesos) a month and is applying for a loan for PHP 5,000 to purchase more pro... More from Juliet'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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