Total loan: $750
Aloran Misamis Occidental, Northern Mindanao, Philippines / Transportation
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A loan helped To purchase a transport vehicle to improve the business.
Ronda Karen's story
Ronda Karen M. is from the village of Tawi-tawi Aloran Misamis Occidental. She is 29 years old. Ronda Karen is married and has 2 school-aged children. To make a living, Ronda Karen owns and operates a business venture in the services sector, operating a service-based business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing transportation services to the local community. Ronda Karen has been engaged in her business for over 2 years and earns approximately 6,000 PHP a month for these activities. In 2010, Ronda Karen joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Ronda Karen is requesting a loan of 33,000 PHP which will be used to purchase a transport vehicle to improve the business. This loan will be the first loan taken out by Ronda Karen 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. *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.