Total loan: $250


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Calamba Misamis Occidental, Northern Mindanao, Philippines / Food

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Josefa's story

Josefa C. is from the village of Dban Calamba, Misamis, Occidental. She is 55 years old. Josefa is married and has 1 adult child. To make a living, Josefa owns & operates a business preparing and selling cooked food for daily meals. Josefa has been engaged in her business for over 5 years and earns approximately 3000 PHP a month for these activities. In 2010, Josefa joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Josefa has successfully repaid a previous loan of 7000 PHP from GDMPC. This previous loan was used to purchase additional inventory & working capital. Josefa is requesting a new loan of 10000 PHP which will be used to invest in expanding the business. This loan will be the third loan taken out by Josefa from GDMPC. She plans to use the additional revenue generated from the business to supplement the family's income. 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.