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Eufemia
Eufemia T. is from the village of Bobongan, Ramon Magsaysay, Zamboanga del Sur. She is 59 years old. Eufemia is married and has four adult-aged children. To make a living, Eufemia owns and operates a manufacturing business, making and selling bamboo products like "amakan" (floor mats) to local businesses and community members. Eufemia has been engaged in her business for over two years and earns approximately $150 a month from this activity.

In 2008, Eufemia joined GDMPC to gain access to financial services to help improve her living situation by engaging in business activities. Eufemia has successfully repaid a previous loan of 6,000 PHP from GDMPC. This previous loan was used to purchase raw materials to manufacture additional products. Eufemia is requesting a new loan of 4,000 PHP which will be used to expand her product offerings. This will be her 4th loan 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
  • 284
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 46.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Eufemia to purchase raw materials to expand product offerings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010