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Update on Jover

Jover is from Segatic Daku, Clarin, Misamis Occidental. He is 32 years old, is married, and has two children. Jover used his last loan to purchase fertilizer such as manure. His business is successful, and he is taking a new loan to pay for the labor cost of farm maintenance. In the future he hopes to be able to expand his business.

Previous Loan Details

Jover is from Segatic Daku, Clarin, Misamis Occidental. He is 31 years old, is married and has two school-aged children. To make a living, Jover owns and operates a business planting and harvesting corn for sale. Jover has been in his business for five years and earns 5,000 PHP a month from these... More from Jover'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
  • 320
    View loans »
    Philippines Loans Fundraising
  • $70,648,200
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jover to pay for the labor cost of farm maintenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 3, 2012
Jul 20, 2012
Currency Exchange Loss:
Feb 15, 2013