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Germelina
Germelina P., from the village of Tabo-o, Jimenez, Misamis Occidental, is 42 years old, married and has grown children. To make a living, Germelina has been planting and harvesting rice for sale for over three years, earning approximately 5,000 PHP a month.



In 2009, Germelina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 15,000 PHP from GDMPC that was used as additional capital for her business, she is now requesting her third loan in the amount of 25000 PHP to purchase fertilizers such as manure. Germelina plans to use the additional revenue generated from the business to improve/expand her enterprise.



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, 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
  • 345
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Germelina to purchase fertilizers such as manure.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 23, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011