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Nelma
Nelma T. is from the village of Inroad, Aurora Zamboanga Del Sur. She is 44 years old. Nelma is married and has 3 school-aged children. To make a living, Nelma operates a tricycle transport business. Nelma has been engaged in her business for over 7 years and earns approximately 10000 PHP a month for these activities.

In 2010, Nelma joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Nelma has successfully repaid a previous loan from GDMPC. She is requesting a new loan of 25000 PHP which will be used to repair existing engine. This will be the second loan taken out by Nelma 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

  • $7,000
    Average annual income
  • 1492
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nelma to repair an existing engine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 28, 2011
Listed
May 10, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012