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Johny
Johny lives in Panta-on, Ozamiz City, with his family. He has two children and he runs a buy and sell business in order to sustain their living. He buys and sells copra (dried coconut meat) and charcoal in town in volume.

To buy more stocks, he borrowed a new loan from GDMPC micro credit. He will save some portion of his returns to buy a motorcycle in the future.

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

  • $1175
    Average annual income
  • 315
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $125 helped Johny to buy more stocks of copra and charcoal to sell.
92% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2014
Listed
Aug 25, 2014
Currency Exchange Loss:
Possible