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Glorie
Glorie E. is from the village of Tabuan, Tukuran, Zamboanga Del Sur. She is 39 years old. Glorie is married and has two school-aged children. To make a living, Glorie operates a specialized retail store. The main source of income for the business comes from selling vegetables in the local community. Glorie has been engaged in her business for over two years and earns approximately 7,000 Philippine pesos a month for these activities.

In 2009, Glorie joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Glorie is requesting a new loan of 5,000 PHP, which will be used as additional capital for vegetable vending. This will be the first loan taken out by Glorie from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit 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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $52,172,975
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Glorie as additional capital for vegetable vending.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2009
Listed
Oct 23, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010