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Estrella

Update on Estrella

Estrella is 37 years old, married, and has nine children. To make a living, Estrella owns and operates a retail store where she sells daily-use home products. She has been in business for more than two years, and her earnings are in addition to her husband's income from farming.

In 2011, Estrella joined GDMPC. Her previous loan, used for her business, was successfully repaid. She is now requesting a new loan to purchase more grocery goods to resell. She plans to use the additional revenue generated from the business to supplement the family's income.

Previous Loan Details

Estrella is from Tabuan, Tukuran, Zamboanga del Sur. She is 36 years old, married, and has 9 children. To make a living, Estrella owns & operates a retail store where she sells daily-use home products. She has been in business for 2 years, and earns 4,000 PHP a month. In 2011, Estrella joined… More from Estrella'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
  • 377
    View loans »
    Philippines Loans Fundraising
  • $52,107,000
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Estrella to purchase more grocery goods to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Nov 9, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014