Total loan: $450
Clarin, Misamis Occidental, Northern Mindanao, Philippines / Transportation
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A loan helped to repair an existing vehicle for better service.
Jessie V. is from the village of Poblacion 1, Clarin, Misamis Occidental. He is 36 years old. Jessie is married and has three school-aged children. To make a living, Jessie operates motor transport services. He has been engaged in his business for over a year and earns approximately $225 a month from this activity. In 2010, Jessie joined GDMPC to gain access to financial services to help improve his living situation by engaging in business activities. Jessie is requesting a new loan of 20,000 PHP which will be used to repair an existing vehicle for better service. This will be his first loan 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 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.