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Update on Daniel

Daniel has been operating a general store in their village to make a living. For many years in the business, Daniel has been earning well to provide for his family. He has successfully repaid his previous loan used for business capital. Daniel wants the best for the family and his children as well.

Currently, he took a new loan from GDMPC micro credit to purchase additional grocery items and supplies to merchandise. He wants his family to have better living conditions in the near future.

Previous Loan Details

Daniel is from Bañadero, Ozamiz City. He is 41 years old, married, and has three children. He runs a general store in their community to make a living, while his wife work overseas. He joined Gata Daku MPC and took out a loan of 25,000 PHP to buy more goods to sell, including sardines, soft drink... More from Daniel's previous loan »

Additional Information


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

  • $7,000
    Average annual income
  • 1478
    View loans »
    Philippines Loans Fundraising
  • $59,157,225
    Funds lent in using Kiva
  • 45.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Daniel to purchase additional grocery items and supplies to merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 3, 2014
Feb 24, 2014
Currency Exchange Loss:
Sep 17, 2014
This photo was used before for a previous loan for Daniel. It was first posted on Kiva on Aug, 2013. Learn More