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Cristina
Cristina L. runs a general store selling daily use products such as shampoo, soap and toothpaste in her community. She is 38 years old, married and has six small children. They are from the village of Tiaman, Bonifacio, Misamis Occidental. Cristina has been in her business for over three years and earns approximately 3,000 Philippine pesos (PHP) a month.


In 2007, Cristina joined GDMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Cristina has successfully repaid a previous loan of 7,000 PHP from GDMPC. Cristina is requesting a new loan of 6,000 PHP which will be used to purchase additional products to sell. This will be her third 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
  • 967
    View loans »
    Philippines Loans Fundraising
  • $54,483,000
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Cristina to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2009
Listed
Nov 27, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010