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Update on Roena

Roena has been running a general store for many long years earning well to sustain their living. She had sustained the business and with her generated income, she was able to pay her previous loan used for the business successfully. Improving her business is easier with her access to GDMPC. Recently, she took a new loan to buy additional grocery goods to sell. She plans to use the additional profit generated by the business, to improve and expand her business.

Previous Loan Details

Roena is from Villalin, Pana-on, Misamis Occidental. She is 43 years old, married, and has two children. To make a living, Roena has operated a general store for 13 years. She earns 8,000 PHP a month. In 2010, Roena joined GDMPC. Now Roena is requesting a loan of 20,000 PHP, which she will use… More from Roena's previous loan »

Additional Information


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

  • $1175
    Average annual income
  • 349
    View loans »
    Philippines Loans Fundraising
  • $50,877,675
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $475 helped Roena to buy additional grocery goods to sell.
50% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 8, 2014
Jul 28, 2014
Currency Exchange Loss:
This photo was used before for a previous loan for Roena. It was first posted on Kiva on Jan, 2013. Learn More