Nieva M. is from the town of Santa Maria, Tangub city. She is 50 years old, married, and has five school-aged and adult children.
Nieva operates a vulcanizing or repair shop, repairing vehicles. She has been engaged in her business for over six years and earns approximately 6,000 PHP a month.
In 2008, Nieva joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 3,000 PHP from GDMPC.
Nieva is requesting a new loan of 7,000 PHP which will be used to purchase tools for her repair shop. This loan will be her second loan from GDMPC. She plans to use the additional revenue generated from the business for her children's education.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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.
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.