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Raniel
Raniel is married and has three children. He resides in Commonwealth, Aurora, Zamboanga del Sur. He operates a service business, providing motor transportation in the local community, to make a living.

He borrowed a loan of 30,000 PHP from GDMPC, which he had joined recently. He will use the loan to purchase a sidecar for the improvement of his transportation business. He plans to have another unit of motorcycle to be used for his business, which will enable him to improve the general living situation of the entire family.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 275
    View loans »
    Philippines Loans Fundraising
  • $53,057,200
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Raniel to purchase a sidecar for his motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014