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Joneto, aged 30, is a married entrepreneur with one child from Mitugas, Tudela. He earns his income from his banana plantation. The business started almost five years ago and he earns 6,000 PHP a month.

To improve his business, Joneto is borrowing 10,000 PHP from GDMPC microcredit which he recently joined to purchase seeds, seedlings and young crops to raise. Before long, he’s hopeful of the possibility of expanding his business.

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.

About Philippines

  • $7,000
    Average annual income
  • 408
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Joneto to purchase seeds, seedlings and young crops to raise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 25, 2012
Aug 13, 2012
Currency Exchange Loss:
Jun 21, 2013