A loan of $250 helped to repair an existing vehicle.

Ben Asther's story

Ben Asther D. is from the village of Guba, Clarin, Misamis Occidental. He is 27 years old. Ben Asther is married and has one infant child. He has his own motor transport service, which he has been been engaged in for over a year. He earns approximately 6000 Philippine pesos (PHP) a month from it.

In 2011, Ben Asther joined GDMPC to gain access to financial services to help improve his living situation and ability to do business. He is requesting a new loan of 10,000 PHP which will be used to repair an existing vehicle for better service. This loan will be the first loan taken out by Ben Asther from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his 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, fishermen 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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