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Estrellieta
Estrellieta C. is from the village of Sta.Cruz, Jimenz, Misamis Occidental. She is 69 years old. Estrellieta is widowed and has two adult children. To make a living, Estrellieta owns & operates a general store selling both food & daily use products in the local community. Estrellieta has been engaged in her business for over 43 years and earns approximately 3,000 PHP a month for these activities.

In 2009, Estrellieta joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Estrellieta has successfully repaid a previous loan of 6,000 PHP from GDMPC. Estrellieta is requesting a new loan of 13,000 PHP to purchase rice and corn grits to sell. This loan will be the second loan taken out by Estrellieta from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has seven branches 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
  • 298
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Estrellieta to purchase rice and corn grits to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 17, 2011
Listed
Mar 20, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012