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Magdalena
Magdalena is a widow and solely provides the family needs. She earns well from her general store where she has been selling assorted groceries for more than five years. She took a new loan from GDMPC micro finance to buy additional grocery goods to sell. She always maintains good relations with her clients and wants to improve her business to have a better source of income for the entire family.

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
  • 1287
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Magdalena to buy additional grocery goods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2014
Listed
Jan 16, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014