100%

funded

Total loan: $200

Rosita

Gango, Ozamiz City, Northern Mindanao, Philippines / Manufacturing

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A loan helped To purchase raw materials.


Rosita's story

Rosita A. is from Gango, Ozamiz City. She is 63 years old. Rosita is married and has 7 adult children. To make a living, Rosita owns & 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 rattan furniture making services to local community members. Rosita has been engaged in her business for over 8 years and earns approximately 2000 PHP a month for these activities. In 2008, Rosita joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosita has successfully repaid a previous loan from GDMPC. Rosita is requesting a new loan of 8000 PHP, which will be used to purchase materials needed to expand services provided. This loan will be the second loan taken out by Rosita 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 units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks 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.