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Erlinda

Update on Erlinda

Erlinda is a widow living in Tukuran. She is 58 years old and has two children. Erlinda owns and operates a farm, planting and harvesting rice and corn for sale to earn a living. Each month, she earns 7,000 PHP doing this type of business.


Erlinda requested a loan of 7,000 PHP to purchase fertilizers such as manure. She planned to develop cultivated land to have an abundant harvest and to gain more income for the family.

Previous Loan Details

Erlinda is a widow living in Tukuran. She is 57 years old with two children. Erlinda owns and operates a farm, planting and harvesting rice for sale to earn a living. She's been 10 years in this business. Each month, she earns 7,000 Philippines pesos (PHP) doing this type of business. She… More from Erlinda'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
  • 391
    View loans »
    Philippines Loans Fundraising
  • $52,109,275
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Erlinda to purchase fertilizers such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014