Update on JulietaJulieta is a 64 year-old resident of Caluya, Sapang Dalaga.
She supported her two children's needs through her gardening business that she has run for the past 20 years. She earns about 5,000 PHP per month. Julieta also harvests coconuts and bananas to improve her life.
In 2010 Julieta became a member of GDMPC and recently she applied for a loan of 12,000 PHP to purchase fertilizer. Julieta wants to cultivate her farm and able to generate more income to ensure a better life.
Previous Loan DetailsJulieta is a 64-year-old resident of Caluya, Sapang Dalaga. Julieta supported her two children's needs from the little amount of 5,000 PHP she earns monthly from her gardening business for 20 years. However in 2010 she became a member of GDMPC, and she applied for a loan at GDMPC micro finance of... More from Julieta'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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