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Jun 23, 2016 7:51 PM ET

Archived: Philippines: A loan of $1,300 helps Joselito to purchase an additional computer unit to expand his shop.

iCrowdNewswire - Jun 23, 2016




Borrower image

Joselito’s story

Joselito is 33 years old, married with one child, and lives in Carmen Annex, Ozamiz City. Joselito operates an internet cafe business with his wife to earn a living. For many years, they have earned a good income for the family and were able to sustain the business. He is determined to send his child to school and provide a good education, and with this in mind they work with love and they never get tired of working.

Joselito’s previous loan was successfully repaid and recently he took a new loan of 60,000 PHP to purchase an additional computer unit for shop expansion. In the future, he wants to build a concrete home for his family.






Show previous loan details

This loan is special because:

It allows this borrower to access training and capital.


Mark McDonagh
Kiva staff


More about this loan


About Gata Daku Multi-purpose Cooperative (GDMPC):

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.




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