100%

funded

Total loan: $125

Tessie

Flag of Philippines
Pana-on,Misamis Occidental, Northern Mindanao, Philippines / Agriculture

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A loan helped to purchase feed and other supplies.


Tessie's story

Tessie M. is from the village of Salimpono, Pana-on, Misamis Occidental. She is 58 years old, married and has 2 adult-aged children. Tessie owns and operates a business raising livestock, primarily goats, for sale. Tessie has been engaged in her business for over 5 years and earns approximately 1,500 PHP a month from it. In 2011, Tessie joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Tessie is requesting a new loan of 5,000 PHP which will be used to purchase livestock feed and other supplies. This will be the first loan taken out by Tessie from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business. 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.