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Ana Teresa
Ana Teresa D. is from barangay Upper Loboc, Oroquieta City. She is 36 years old. Ana Teresa is married and has three school-aged children. To make a living, Ana Teresa owns and operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes from selling rice in the local community. Ana Teresa has been engaged in her business for over a year and earns approximately 13,000 PHP a month for these activities.


In 2010, Ana Teresa joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Ana Teresa is requesting a new loan of 20,000 PHP, which will be used to purchase additional products to sell. This loan will be Ana Teresa's first loan from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.


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, fisherfolk 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
  • 474
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ana Teresa to purchase additional rice for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011