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Lolita
Lolita owns and operates a business planting and harvesting a variety of vegetables for sale. Lolita has been engaged in farming for many years and earns well for the family.

Improving her farm becomes easier with access to loans from GDMPC. She had successfully repaid her previous loans used for farming. To gain a bigger harvest, she took a new loan to finance fertilizers and other expenses for the farm. She plans to use the additional revenue generated from the farm to improve the general living standards of her 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.

About Philippines

  • $7,000
    Average annual income
  • 1513
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lolita to finance fertilizers and other expenses on her farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2014
Listed
Jul 28, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015