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Rosemary
Rosemary P. is from the village of Bagumbang Bonifacio. She is 28 years old. Rosemary is married and has 1 infant-aged child. To make a living, Rosemary owns and operates a business venture in the retail sector, operating a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily use products such as shampoo, soap and toothpaste in the local community. Rosemary has been engaged in her business for over 2 years and earns approximately 3000 PHP a month for these activities.



In 2008, Rosemary joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosemary has successfully repaid a previous loan of 8000 PHP from GDMPC. Rosemary is requesting a new loan of 8000 PHP which will be used to purchase additional products to sell. This loan will be the third loan taken out by Rosemary 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.



*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
  • 300
    View loans »
    Philippines Loans Fundraising
  • $52,217,850
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Rosemary to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2009
Listed
Jan 4, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010