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Vicente
Vicente is running a general store while his wife is working a a teacher. He has been in this business for more than five years as an aid to his wife's income. He borrowed a loan of 25,000 PHP from GDMPC micro credit to purchase livestock feed, rice and dried fish for sale. He plans to save a portion of his profit for future family emergencies.

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
  • 627
    View loans »
    Philippines Loans Fundraising
  • $53,351,650
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Vicente to purchase livestock feed, rice and dried fish for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014