A loan of $125 helped to purchase additional canned goods and soft drinks to sell.

Annie Love's story

Annie Love is from the village of Alindahaw, Tukuran, Zamboanga del Sur. She is 29 years old, married, and has one child. To make a living, Annie Love owns and operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily use products such as shampoo, soap, and toothpaste in the local community. Annie Love has been engaged in her business for over three years and earns approximately 2,000 PHP a months.

In 2009, Annie Love joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Annie Love has successfully repaid a previous loan of 5,000 PHP from GDMPC. She is requesting a new loan of 5,000 PHP, which will be used to purchase additional canned goods and soft drinks. This loan will be her second loan from GDMPC. She plans to use the additional revenue generated from the business to improve and 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, fisherpeople, 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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