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Josephine
Josephine G. is from the village of Panta-on, Ozamiz City. She is 42 years old. Josephine is married and has six school-aged children. To make a living, Josephine owns & operates a business planting & harvesting corn and bananas for sale. Josephine has been engaged in her business for over eight years and earns approximately 4000 PHP a month for these activities.

In 2008, Josephine joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Josephine has successfully repaid a previous loan of 5000 PHP from GDMPC. Josephine is requesting a new loan of 8000 PHP, which will be used to purchase additional seeds, seedlings & young crops to raise. This loan will be the second loan taken out by Josephine from GDMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.

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

  • $7,000
    Average annual income
  • 1291
    View loans »
    Philippines Loans Fundraising
  • $57,936,400
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Josephine to purchase additional seeds, seedlings & young crops to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2009
Listed
Aug 6, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010