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Maristelle
Maristelle A. is from the village of Curvada in Tukuran, Zamboanga Del Sur. She is 29 years old. Maristelle is married and has 2 young children. To make a living, Maristelle owns and operates a specialized retail store where she sells sugar, coffee, toothpaste, biscuits and candies in the local community. Maristelle has been engaged in her business for over 5 years and earns approximately 5000 PHP a month for these activities.

In 2009, Maristelle joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Maristelle has successfully repaid a previous loan of 10000 PHP from GDMPC. This previous loan was used to to purchase additional products to sell. Maristelle is requesting a new loan of 10000 PHP to expand her business. This will be Maristelle's second loan from GDMPC. She plans to use the additional revenue generated from the business to improve her family's living conditions.

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

  • $7,000
    Average annual income
  • 1647
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 46.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Maristelle to expand her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010