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Update on Rodulfo

Rodulfo is married and resides in Bonifacio, Misamis Occidental, along with his family. He goes fishing and at the same time he is engaged in a business buying and selling crabs and shrimp. Rodulfo has successfully repaid his previous loan from Gata Daku MPC which he had used to purchase fishing equipment. Recently, he borrowed a new loan of 50,000 PHP to purchase more crabs and shrimp to sell in the market and in bulk. In the future, Rodulfo wants to save a reserve for future emergencies.

Previous Loan Details

Rodulfo is married and has 3 children. He is 36 years old, residing at Bonifacio, Misamis Occidental: Philippines. Rodulfo operates a fishing business, selling seafood products including crab and shrimp in the local community to earn a living. He has been 13 years in this business. Each month,... More from Rodulfo'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
  • 361
    View loans »
    Philippines Loans Fundraising
  • $70,668,125
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Rodulfo to purchase more crabs and shrimp to sell in the market and in bulk.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Aug 20, 2013
Sep 9, 2013
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Rodulfo. It was first posted on Kiva on May, 2012. Learn More