Update on Ma. RuthTo make a living, Ma. Ruth operates a general store in her village. For more than seven years in the business, she has earned well for the family and has successfully repaid her previous loan used to purchase goods to sell. She needs to offer more goods in order to gain more income. She took a new loan from GDMPC to purchase additional grocery goods to sell. She plans to use the additional revenue made possible by this loan to improve her family's living conditions.
Previous Loan DetailsMa. Ruth is 55 years old and lives in La Victoria, Aurora, Zamboanga del Sur. She is married, has 4 children and earns a living by running a general store. She has been in this business for 6 years and earns 6,000 PHP per month. She joined GDMPC in 2010 and is requesting a loan of 20,000 PHP to p... More from Ma. Ruth's previous loan »
About GDMPCGata 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
1335View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jan 21, 2014
- Jan 23, 2014
- Currency Exchange Loss:
- Feb 17, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.