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Mervin
Mervin, a father of one, provides for his family with his farming income. After six years of experience in growing coconut, he earns a better income.

Mervin needed to purchase fertilizer to improve the farm. He was determined to work hard in order to earn greater returns because he wants to give a better education to his child. With the microfinance loan from GDMPC, his plan was realized.

In the future, he wants to acquire the adjacent lot to use it for farming.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 290
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Mervin to purchase fertilizer.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2014
Listed
Mar 4, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015