Funded

Total loan: $375
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A loan of $375 helped to repair an existing vehicle so it gives better service.


Ubaldo's story

Ubaldo, age 59, owns and operates a motorcycle transport business. Ubaldo has been engaged in his business for over a year and earns approximately 5,000 PHP a month. Ubaldo has one child and lives in the village of Poblacion 4, Clarin Misamis Occidental.

In 2010, Ubaldo joined GDMPC to gain access to financial services. He hoped to help improve his living situation and increase his ability to engage in business activities. Ubaldo is requesting his first loan of 15,000 PHP, which will be used to repair his existing vehicle so it gives better service. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.



Loan details

Loan length:

7 months
Disbursed date: July 3, 2012
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 3, 2012
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)