100%

funded

Total loan: $1,125

Shiela

Flag of Philippines
Ozamis, City, Misamis Occidental, Northern Mindanao, Philippines / Services

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A loan helped To repair existing vehicles.


Shiela's story

Shiela A. is from Gango, Ozamiz City. She is 34 years old. Shiela is married and has one school-aged child. For a living, Shiela owns and operates a transportation business in the services sector. Though it is not the only revenue generator, the main source of income for the business is the operation of pedicab transport services. Shiela has been engaged in this business for over two years and earns approximately 20,000 PHP per month from her activities.

In 2007, Shiela joined GDMPC to gain access to financial services in order to help improve her living conditions and ability to engage in business activities. Shiela has successfully repaid a previous loan of 13,000 PHP from GDMPC. She is now requesting a new loan of 50,000 PHP, which will be used to repair existing vehicles to deliver better service. This loan will be the 19th that Shiela has taken out 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.