A loan of $150 helped to purchase additional fish to sell.

Grace's story

Grace O. is from the village of Tabo-o, Jimenez, Misamis Occidental. She is 40 years old. Grace is married and has 5 school-aged children. To make a living, Grace owns & operates a fish vending business in her local community. Grace has been engaged in her business for over 3 years and earns approximately 1,000 PHP a month from these activities.

In 2008, Grace joined 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 from GDMPC. Grace is requesting a new loan of 6000 PHP to purchase additional fish to sell. This will be her sixth loan from GDMPC. She plans to use the additional revenue generated from this investment 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, 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.

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