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Update on James

James managed a banana farm in order to make a living. He also worked in a private institution as a collector and it helped his family to sustain their needs.

James had successfully repaid his previous loan used for farming. Improving his farm is his plan for he wants to ensure a better source of income for the family. He is preparing for a better future for his children.

With his income, James was able to begin a business selling grocery goods in their village. He has been running it for more than a year with the help of his wife. Recently, he took a new loan to buy additional grocery goods to sell. He wants to improve the general living conditions of his family.

Previous Loan Details

James is married with one child and he lives in Clarin, Misamis Occidental with his family. For more than three years, he has managed a banana farm in order to make a living. His previous loan from Kiva partner GDMPC that was used in his fishing business was successfully repaid. As he was engage... More from James'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

  • $7,000
    Average annual income
  • 1870
    View loans »
    Philippines Loans Fundraising
  • $60,984,950
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD
A loan of $600 helped James to buy additional grocery goods to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 17, 2014
Aug 5, 2014
Currency Exchange Loss:
Sep 4, 2014