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Mary Jane

Update on Mary Jane

Mary Jane takes care of their farm with her husband and children, where they grow bananas and coconuts. They've been farming for six years and earn well to sustain their living. With her generated income, Mary Jane's previous loan, used for farming, was successfully repaid.

Recently, Mary Jane took a new loan to purchase fertilizer and new seedlings. This will help her to improve her farm.

In 2011, Mary Jane joined Gata Daku Multi-Purpose Cooperative (GDMPC) and it helps her to improve their living situation and their ability to engage in business. She hopes for a bountiful harvest and to expand her cultivated area.

In the future, Mary Jane wants to improve the general living situation of her family.

Previous Loan Details

Mary Jane is 38 years old and married. She is from Gabunon, Tambulig, Zamboanga del Sur. She has two grown children who help her take care of their farm where they grow bananas and coconuts. They been farming for four years and earn 15,000 PHP a month. In 2011, Mary Jane joined GDMPC. She has req... More from Mary Jane's previous loan »

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.

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
  • 1239
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Mary Jane to purchase fertilizer and new seedlings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Mary Jane. It was first posted on Kiva on Oct, 2012. Learn More