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Cecille
Cecille D. runs a sari-sari or general store selling daily use products such as shampoo, soap, toothpaste etc. in the local community. She is 26 years old, married and has one infant child. She is from the village of Aguada, Ozamiz City, Misamis Occidental. Cecille has been in this business for over three years and earns approximately 3000 PHP a month.


In 2009, Cecille joined GDMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. She has successfully repaid a previous loan from GDMPC. Cecille is requesting a new loan of 15,000 PHP which will be used to purchase additional products to sell. This will be her second loan from GDMPC. She plans to use the additional revenue to improve the general living conditions of her family.


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

  • $1175
    Average annual income
  • 347
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Cecille to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010