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Ester

Update on Ester

Ester is married and lives in Clarin, Misamis Occidental with her family. Ester owns and operates a farm, planting and harvesting rice for sale, to earn a living. She also manages her vegetable garden to earn an additional income. Her previous loan taken from GDMPC was used in her farm and was successfully repaid.

Recently, she took a new loan of 10,000 PHP to purchase a new variety of seedlings and fertilizer for her vegetable garden. In the future, Ester wants to improve her house and to improve the general living conditions of her family.

Previous Loan Details

Ester is married. She is 60 years old, and lives in Clarin, Misamis Occidental. Ester owns and operates a farm, planting and harvesting rice for sale, to earn a living. She's been in this business for five years. Each month, she earns PHP 8,000 doing this type of business. She requested a loan of... More from Ester'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
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $56,611,950
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ester to purchase a new variety of seedlings and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2013
Listed
Oct 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014