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Ma. Theresa
Ma. Theresa R. is from the city of Calabayan Ozamiz City. She is 33 years old. Ma. Theresa is married and has 4 school-aged children. To make a living, Ma. Theresa owns & operates a transportation services business. Ma. Theresa has been engaged in her business for over 3 years and earns approximately 3000 PHP a month for these activities.

In 2009, Ma. Theresa joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Ma. Theresa has successfully repaid a previous loan from GDMPC. Ma. Theresa is requesting a new loan of 7000 PHP which will be used to repair existing vehicle for better service. This will be the third loan taken out by Ma. Theresa 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 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.

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
  • 262
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Ma. Theresa to repair existing vehicle for better service.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 24, 2011
Listed
Apr 5, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011