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Leofe

Update on Leofe

Leofe is 31 years old and lives in Resthouse, Aurora, Zamboanga del Sur, Philippines. Leofe is married and has three children. She plants, harvests and sells corn to earn a living and she's been in this business for more than five years. She requested a loan of 20,000 PHP to purchase fertilizer such as manure and a portion of this loan will be used for repair of her existing motorcycle. She also has had a service-based business providing motor rental in the community as her other source of income. In 2011, Leofe joined GDMPC. In the future, she wants to improve the general living conditions of her family.

Previous Loan Details

Leofe is 30 years old and lives in Resthouse, Aurora, Zamboanga del Sur, Philippines. Leofe is married and has 3 children. She plants, harvests and sells corn to earn a living and she's been in this business for 5 years. Each month, she earns 10,000 PHP doing this type of business. She requested ... More from Leofe'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
  • 1457
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Leofe to purchase fertilizer such as manure and repair her existing motorcycle.
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:
Mar 17, 2014