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Maria
Maria B. is from the village of Garang, Tangub City. She is 46 years old. Maria is married and has two grown children. To make a living, Maria owns and operates a business venture in the retail sector, running a "sari-sari" or general store. The main source of income for the business comes primarily from selling daily-use products such as shampoo, soap, and toothpaste in the local community. Maria has been engaged in her business for over dour years and earns approximately 3,000 PHP a month from this activity.


In 2009, Maria joined GDMPC to gain access to financial services. She wanted to help improve her living situation and increase her ability to engage in business activities. Maria is requesting a loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be the first loan taken out by Maria from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business and to supplement her support for her family's needs.


About GDMPC:


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.

Additional Information

About 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.

About Philippines

  • $7,000
    Average annual income
  • 1305
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Maria to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2009
Listed
Jun 9, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009