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Erlinda

Update on Erlinda

Erlinda is 63 years old, married, and has four children. She lives in Aurora, Zamboanga Del Sur. She owns and operates farmland, planting and harvesting coconuts for sale. She also has had a farm for planting and harvesting rice for sale.

She has been a member of GDMPC since the year 2007, and now she has requested a loan of 20,000 PHP. She will use the loan to purchase fertilizer and cover labor costs . She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

Previous Loan Details

Erlinda is 63 years old and married, and has four children. She lives in Aurora, Zamboanga Del Sur. She owns and operates farmland, planting and harvesting coconut for sale. She has been in her business for over 10 years and earns 5,000 PHP every month. She has been a member of GDMPC since the... 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
  • 325
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Erlinda to purchase fertilizer and cover labour costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014