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Vema
Vema is a young entrepreneur, married with two children, and resides in Panaon, Misamis Occidental. She runs a general store to make a living.

Vema borrowed a loan of 10,000 PHP from GDMPC micro-credit to purchase rice and corn grits for sale as additional working capital. She wants to prove that with this little amount she can provide for the needs of her children and be able to improve the living situation of her family in the near future.

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.

About Philippines

  • $7,000
    Average annual income
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,381,200
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Vema to purchase rice and corn grits for sale as additional working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 3, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014