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Update on Claudio

Claudio is married with one child. He runs a motorcycle rental business while his wife earns from teaching. He joined Gata Daku MPC and has successfully repaid his previous loan that he used to purchase new tires and accessories for better service. Recently, he took a new loan to cover motor maintenance costs. He was determined to improve his business to ensure better income for the family.

He plans to use the generated income to build his own house for a better life for his family.

Previous Loan Details

Claudio lives in Lapasan, Clarin, Misamis Occidental. He is married with one child. His wife is a teacher while he runs a motorcycle rental business to make a living. He joined Gata Daku MPC and borrowed a loan of 10,000 PHP to purchase new tires and accessories for better service. He plans to us... More from Claudio'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
  • 457
    View loans »
    Philippines Loans Fundraising
  • $69,645,400
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Claudio to cover motor maintenance costs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 27, 2014
Jul 15, 2014
Currency Exchange Loss:
Jul 17, 2015
This photo was used before for a previous loan for Claudio. It was first posted on Kiva on Sep, 2013. Learn More