Total loan: $1,025
Ozamis City, Misamis Occidental, Northern Mindanao, Philippines / Transportation
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A loan helped To purchase a new motorcycle to improve her business.
Lucita D. V. is from RS Tan Village, Ozamiz City, Misamis Occidental. She is 42 years old, is married, and has five adult children. Lucita owns and operates a motorcycle transport business, providing motorcycle transport services to local community members. She has been engaged in her business for over three years and earns approximately 15,000 PHP a month. In 2007, Lucita joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from GDMPC. Lucita is requesting a new loan of 50,000 PHP which will be used to purchase a new motorcycle to improve her business. This loan will be her sixth 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 four branches and three unit 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.