Check out other loans that are currently fundraising!
Rosa
Rosa L. is from Ozamiz City, Misamis Occidental. She is 54, married and has 4 adult children. Rosa owns & operates a specialized retail store. Her main source of income comes from selling cosmetics in the local community. Rosa has been engaged in her business for over 1 year and earns approximately 5000 PHP a month for these activities.

In 2005, Rosa joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosa repaid a previous loan of 15000 PHP from GDMPC. Rosa is requesting a new loan of 20000 PHP which will be used to invest in expanding the business. This loan will be the 13th loan taken out by Rosa from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

About GDMPC:

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

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
  • 344
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa to invest in expanding the business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Jul 9, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010