Check out some available loans that are similar to this one!
Avelina

Update on Avelina

Avelina is married and has two children who have helped her in taking care of their corn.

After 21 years of growing and harvesting corn, Avelina earns enough that she was able to repay her previous loan successfully.

To earn additional income, she also runs a general store, and she recently borrowed a new loan from GDMPC to purchase additional grocery goods for sale.

Avelina wants to improve the general living situation of her entire family in the near future.

Previous Loan Details

Avelina is 47 years old and married. She is from Clarin, Misamis Occidental. She has two children who have helped her in taking care of their corn. They have been in planting corn for 20 years and earn PHP 6,890 a month. This year, Avelina joined GDMPC. She has requested a loan of PHP 10,000 ... More from Avelina'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
  • 255
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Avelina to buy more grocery goods for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2013
Listed
Nov 28, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Avelina. It was first posted on Kiva on Aug, 2012. Learn More