Update on ValentinaValentina runs her sari sari, or general store, while her husband fishes to earn a living. She is a GDMPC client who with their help has seen her business improve. She took out a previous loan which was successfully repaid through her generated revenue.
Valentina has taken a new 10,000 PHP loan to buy more groceries to add to her stock. She plans to make her sari sari a full merchandise store in the future in order to create a bigger source of income and a more comfortable lifestyle.
Previous Loan DetailsValentina has been running her general store while her husband does fishing to earn a living. She earns well from this activity and successfully repaid her previous loan used for the retail business. Recently, she took a new loan from GDMPC micro finance to buy more grocery goods to sell. She pla... More from Valentina's previous loan »
About GDMPCGata 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
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Success!! The loan was 100% repaid
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Jul 4, 2014
- Aug 3, 2014
- Currency Exchange Loss:
- Feb 20, 2015
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.