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Concepcion
Concepcion was separated from her husband and she lives with her four children. She prepares snacks and vend it in their village to make a living. For many years in selling snacks, she had maintain the tastes and sustain it for she had no other way of earning income for her family. To improve the business, she borrowed a loan from GDMPC micro credit to buy raw ingredients to prepare burger for sale.She hopes to have a better living situation in the future.

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

  • $1175
    Average annual income
  • 952
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Concepcion to buy raw ingredients to prepare burger for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2014
Listed
Mar 25, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015