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Update on Sofronio

Sofronio has been raising pigs for sale for more than four years, earning well for the family. He has been doing this so diligently that he was able to successfully repay his previous loan, used in the business.

Recently, he borrowed a new loan from GDMPC micro credit to purchase more livestock feed and other supplies. He plans to use the additional revenue generated from the business to renovate his house.

Previous Loan Details

Sofronio is from Happy Valley, Tambulig. He is 34 years old and married. Sofronio raises pigs for sale. Sofronio been in his business for 3 years and earns 20,000 PHP a month from these activities. In 2011, Sofronio joined GDMPC. Sofronio is requesting a loan of 35,000 PHP, which will be used to ... More from Sofronio'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
  • 345
    View loans »
    Philippines Loans Fundraising
  • $70,736,800
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Sofronio to purchase more livestock feed and other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 12, 2013
Dec 18, 2013
Currency Exchange Loss:
Jul 17, 2014
This photo was used before for a previous loan for Sofronio. It was first posted on Kiva on Dec, 2012. Learn More