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Nikki
Nikki is seventeen years old and still studying in a university, which is located in Misamis Occidental. She depends on her parents' income for educational support. She realized that she will have to help them, as she has sisters and brothers who also need financial support. On weekends, she helped her mother's business to earn extra income. In order to cover the cost of tuition fees and to buy school supplies, she borrowed a loan from Gata Daku MPC, where she recently joined. She hopes to finish her studies and to work at a company that fits her qualifications. She hopes to help her parents as well as herself.

Additional Information

More information about this loan

This loan is part of GDMPC's new student loan program. GDMPC developed this program, with technical assistance from Vittana, to meet the needs of youth who are unable to obtain a higher education because they lack the finances. These loans cover students tuition and other school expenses, giving students the chance to complete vocational school or university. GDMPC believes that this education will equip students with the skills necessary to enter the workforce or start their own business. 

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.

About Philippines

  • $7,000
    Average annual income
  • 1241
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Nikki to pay for school tuition and supplies.
0% repaid
Repayment Term
49 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible