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Gumersida
Gumersida A. is from the city of Kinuman Norte Ozamiz City. She is 52 years old. Gumersida is married with ten school-aged children. She plants and harvests gabi for sale. Gumersida has been engaged in her business for over two years and earns approximately 7000 PHP a month.

In 2010, Gumersida joined GDMPC to gain access to financial services. Gumersida has successfully repaid a previous loan of 7000 PHP from GDMPC. Now she is requesting a loan of 12000 PHP which will be used to purchase fertilizer such as manure. This loan will be her third from GDMPC. She plans to use the additional revenue generated from the business to improve her family's living conditions.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units of 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

  • $7,000
    Average annual income
  • 1054
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Gumersida to purchase fertilizer such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 23, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2011