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Liezel

Update on Liezel

Liezel lives in Tudela, Misamis Occidental, in the Philippines. She owns and operates a farm where she plants, harvests and sells rice to earn a living. She has been in this business for more than four years, earning well to support the needs of her child. She also works in a private institution and earns a good salary. With her generated income, she was able to successfully repay her previous loans that she used for farming. She took a new loan recently to buy organic fertilizer to realize her plan of improving her farm. In the future, she wants to make improvements to her house and to help her children complete their studies.

Previous Loan Details

Liezel is a 30 year old married woman, and a mother of one child. She lives in Tudela, Misamis Occidental, in the Philippines. She owns and operates a farm where she plants, harvests and sells rice to earn a living. She has been in this business for 3 years. Each month, she earns 8,000 PHP.… More from Liezel'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.

Tags

About Philippines

  • $1175
    Average annual income
  • 396
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $825 helped Liezel to buy organic fertilizer.
37% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
Jun 1, 2014
Currency Exchange Loss:
Possible