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Melody
Melody is a single entrepreneur who runs a sari sari store and a video-k entertainment business at Olingan in Dipolog City. She has been doing this business for three years to earn a living.

She borrowed from GDMPC microcredit to purchase a new microphone and pay maintenance costs in order to entertain her customers and be able to offer better service.

She wants to improve her business and to sustain it for the future needs of her child.

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.

About Philippines

  • $7,000
    Average annual income
  • 1474
    View loans »
    Philippines Loans Fundraising
  • $59,151,750
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Melody to purchase a new microphone and pay maintenance costs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Nov 12, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014