Funded

Total loan: $475
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A loan of $475 helped to purchase a second-hand motorcycle.


Carmelo's story

Carmelo is 39 years old and lives in Carmen annex, Ozamis City, Misamis Occidental, Philippines. He is married and a father of four school-age children. Carmelo is a motorcycle taxi driver. He owns and operates a business providing passenger services. He has been in this business for ten years. He earns PHP 4,000 a month from these activities.

He has requested a loan of PHP 20,000 at GDMPC to purchase a second-hand motorcycle. Carmelo has been member of GDMPC for one year. In the future, Carmelo hopes to expand his services and gain more income.



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 8, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: July 8, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)