Check out other loans that are currently fundraising!

Update on Alkein

Alkein is studying at a university in order to reach his dream of having a better career in the future. He often helps his parents in their business selling fish in the market. Their income has been good enough for their daily expenditures and some school expenses.

Alkein's previous loan was used for paying his tuition fees for the previous semester. He is determined to become successful, for he has a heart for helping his parents in the future. Recently, he took a new loan to pay his tuition fee for the first semester of the upcoming school year.

Previous Loan Details

Alkein is studying at a university in order to reach his dream of having a better career in the future. His parents wake up every morning and sell fish at the market in order to provide for the family. Because of his father's low income, he cannot afford to pay all the school obligations. See... More from Alkein's previous loan »

Additional Information

More information about this loan

This loan is part of GDMPC's new student loan program. GDMPC developed this program, with technical assistance from Vittana, to meet the needs of youth who are unable to obtain a higher education because they lack the finances. These loans cover students tuition and other school expenses, giving students the chance to complete vocational school or university. GDMPC believes that this education will equip students with the skills necessary to enter the workforce or start their own business. 


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

  • $7,000
    Average annual income
  • 1854
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Alkein to pay his tuition fee for the first semester.
58% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 25, 2014
Jul 31, 2014
Currency Exchange Loss:
This photo was used before for a previous loan for Alkein. It was first posted on Kiva on Feb, 2014. Learn More