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Albino
Albino lives in Aurora, Zamboanga del Sur. He earns income through selling used shoes in the market to support the needs of his three children. He has been doing this for ten years. He gets a good income from this business. For a 68-year old father, there’s nothing more that can make him happy, except to see his children's success.

Without hesitation, Albino is borrowing a new loan from GDMPC micro-credit to buy additional used shoes to resell. He joined GDMPC recently. His plan in the future is to hopefully improve his business to ensure a better source of income for the family.

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
  • 1153
    View loans »
    Philippines Loans Fundraising
  • $54,677,625
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $800 helped Albino to buy additional used shoes to resell.
41% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2014
Listed
Jun 19, 2014
Currency Exchange Loss:
Possible