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Jeondry

Update on Jeondry

Jeondry is 33 years old, married, and has two children. He lives in Ozamis City, Misamis Occidental, Philippines.

For the past three years, Jeondry has been operating a motorcycle transport business, earning 14,000 PHP a month. He successfully repaid his previous loan from GDMPC which he used to purchase spare parts.

Jeondry is requesting a loan of 20,000 PHP for the hospitalization costs of his wife.

He joined GDMPC in 2012. In the future, Jeondry hopes to improve his general living conditions and provide education to his children.

Previous Loan Details

Jeondry is 33 years old, married, and has two children. He lives in Ozamis City, Misamis Occidental, Philippines. For the past three years, Jeondry has been operating a motorcycle transport business, earning 14,000 PHP a month. Jeondry is requesting a loan for 20,000 PHP, which he will us... More from Jeondry'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
  • 1000
    View loans »
    Philippines Loans Fundraising
  • $54,488,350
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jeondry to pay for the hospitalization costs of his wife.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Jeondry. It was first posted on Kiva on Jan, 2013. Learn More