Check out some available loans that are similar to this one!
Geraldine

Update on Geraldine

Geraldine lives in Tukuran, Zamboang Del Sur, along with her family. In addition to the income earned by her husband, Geraldine provides for her two children's needs from her piggery business. She earns the small amount of 20,000 PHP monthly from this business. Her previous loans, which she used to buy feed, have been successfully repaid. Recently, she borrowed 30,000 PHP to buy additional piglets and to renovate the pigs' shelter. This expansion will help Geraldine to earn more profit. She plans to save a portion for the future education of her children.

Previous Loan Details

Geraldine is a 28-year-old. She lives in Tukuran, Zamboang Del Sur. Geraldine provides her two children's needs from the little amount of 20,000 PHP she has earned monthly from her own piggery business for two years, as an aid to the income earned by her husband. However, in 2007 she became a mem... More from Geraldine'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
  • 1284
    View loans »
    Philippines Loans Fundraising
  • $56,276,425
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Geraldine to buy additional piglets and to renovate the pigs' shelter.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Geraldine. It was first posted on Kiva on Mar, 2013. Learn More