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

Richmei's story

Richmei is from the village of Centro napo Tudela. She is 25 years old and single. To make a living, Richmei owns and operates a transportation services business, which she has been doing for two years. She earns 9,800 PHP a month.

During a recent visit to her house, Richmei explains that her prior Kiva loan through Gata Daku Multi-purpose Cooperative, which she has repaid, allowed her to repair the engine of her motorcycle.

Richmei is requesting her fourth loan for 20,000 PHP, which she will use to purchase a second-hand motorcycle for transportation. She decided to add another motorcycle to double her earnings.

In 2009, Richmei joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She plans to buy a third motorcycle from her returns to triple her earnings.

Loan details

Lenders and lending teams

Loan details