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Elvie
Elvie A. is from the village of Poblacion 4, Clarin, Misamis Occidental. She is 43 years old, married and has three infant-aged children. To make a living, Elvie owns and operates a business venture in the food sector preparing and selling cooked food for daily meals. Elvie has been engaged in her business for over two years and earns approximately 3,000 PHP per month from these activities.

In 2004, Elvie joined Kiva partner, GDMPC, to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 30,000 PHP from GDMPC. Elvie is requesting a new loan of 5,000 PHP, which will be used to purchase additional raw ingredients. This loan will be her fourth from GDMPC. She plans to use the additional revenue generated from the business to improve her family's general living conditions.


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

  • $7,000
    Average annual income
  • 1241
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Elvie to purchase additional raw materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 28, 2010
Listed
Oct 3, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011