100%

funded

Total loan: $225

Juanita

Flag of Philippines
Sto. Niño, Tukuran, Zamboanga del Sur, Zamboanga Peninsula, Philippines / Retail

Juanita's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped To invest in expanding her business.


Juanita's story

Juanita P. is from the village of Sto. Niño, Tukuran, Zamboanga del Sur. She is 55 years old, is married, and has five adult children. Juanita owns and operates a specialized retail store, selling spices, "bihon" (rice noodles), vinegar, salt, etc., in the local community. She has been engaged in her business for over seven years and earns approximately 10,000 PHP a month. In 2009, Juanita 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 of 7,000 PHP from GDMPC. This previous loan was used to purchase additional products to sell. Juanita is requesting a new loan of 10,000 PHP which will be used to invest in expanding her business. This loan will be her third 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.