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Merie Ann
Merie Ann D. is from Banadero, Ozamiz City. She is 28 years old. Merie Ann is single. To make a living, Merie Ann owns & operates transportation services. While not the only means for generating revenue, the main source of income for the business comes from operating motor transport services. Merie Ann has been engaged in her business for over three years and earns approximately 15,000 PHP a month for these activities.

In 2008, Merie Ann joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Merie Ann has successfully repaid a previous loan from GDMPC. Merie Ann is requesting a new loan of 50,000 PHP which will be used to repair existing engine. This will be the twelfth loan taken out by Merie Ann 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. 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
  • 1228
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Merie Ann to repair existing engine.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011