Nemesio Simbajon

Nemesio Simbajon is from the village of Lupagan, Clarin, Misamis Occidental. He is 51 years old. Nemesio is married and has 4 school-aged children. To make a living, Nemesio owns and operates a service-based business. While not the only means for generating revenue, the main source of income for the business comes from providing motorcab services to local community members. Nemesio has been engaged in his business for more than 2 years and earns approximately 3000 PHP a month.

In 2005, Nemesio joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Nemesio has successfully repaid a previous loan of 5200 PHP from GDMPC. Nemesio is requesting a new loan of 6000 PHP, which will be used to purchase equipment to improve the business. This loan will be the fifth loan taken out by Nemesio from GDMPC. He plans to use the additional revenue generated from the business to improve his family's living conditions.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fishers and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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