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Florencio
Florencio lives in Aurora, Zamboanga del Sur. He is 44 years old, married and has three children. For a living, he operates a service-based business providing motor transportation services. He has been doing this for years.

In 2007, he joined GDMPC microcredit and gained access to microfinance services. He is now requesting an amount of 25,000 PHP (Philippines pesos) to finance the license renewal and buy motor accessories so he can provide a better and more comfortable service. In the near future, he wants to procure another vehicle to be used for a business expansion.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 302
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Florencio to finance the license renewal and buy motor accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014