Check out some available loans that are similar to this one!
Pearly
Pearly D. is from the village of Danlugan Lopez Jaena. She is 34 years old. Pearly is married. To make a living, Pearly owns & operates a sari-sari" general store, selling a variety of products such as can goods, sugar, rice, salt, shampoo, soap and other products needed in the local community. Pearly has been engaged in her business for over nine years and earns approximately 10,000 PHP a month for these activities.

In 2007, Pearly joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Pearly has successfully repaid a previous loan of 20,000 PHP from GDMPC. Pearly is requesting a new loan of 20000 PHP, which will be used to purchase additional product to sell. This loan will be the fifth loan taken out by Pearly from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business and to save the income for a future emergency.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units with 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
  • 1316
    View loans »
    Philippines Loans Fundraising
  • $56,360,350
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Pearly to purchase additional product to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2009
Listed
Oct 22, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010