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Thelma
Thelma P. lives in Gango Ozamiz City. She is 50 years old, married and has six adult-aged children. To make a living, she runs a specialized retail store where she sells noodles, canned goods, eggs, vinegar, shampoo, soap, toothpaste and other items. Thelma has been engaged in this business for more than 15 years and earns approximately 5,000 PHP a month from her work.

In 2009, Thelma joined GDMPC to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid a loan for 5,000 PHP from GDMPC, and has applied for a new loan of 7,000 PHP to buy additional products to sell. She plans to use the additional revenue generated by her business to improve her family's life.

About GDMPC: GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks 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
  • 488
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 45.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Thelma to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2010
Listed
Mar 17, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010