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Mercy
Mercy operates a general store business to earn an income. Her husband started working abroad five months ago in order to make a living for the family. Mercy started her business at that time in order to earn enough money to support the needs of her two children while awaiting her husband's support. She has been working hard at her new business for the past five months.

Mercy is requesting a loan from GDMPC in order to purchase additional grocery goods to offer for sale in her store.

Her goal is to improve the business in order to ensure a better source of income for the family 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.

Tags

About Philippines

  • $1175
    Average annual income
  • 245
    View loans »
    Philippines Loans Fundraising
  • $53,098,375
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mercy to purchase grocery goods to offer for sale in her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015