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Arturo is a 41-year-old married man with two children living in Proper Langcangan, Oroquieta City. He owns and operates an insurance company in the local community. Recently he joined GDMPC to gain access to microfinance and now is requesting a loan of 15,000 Philippine pesos (PHP) to purchase a set of computers for his insurance company. He dreams of expanding his business to another locality.

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
  • 430
    View loans »
    Philippines Loans Fundraising
  • $69,631,075
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Arturo to purchase a set of computers to be used for the business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 29, 2013
May 24, 2013
Currency Exchange Loss:
Nov 17, 2013