100%

funded

Total loan: $175

Nikki

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Sebac,Tudela,Misamis Occidental, Northern Mindanao, Philippines / Retail

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A loan helped to purchase dried fish and bagoong for sale.


Nikki's story

Nikki T., from the village of Sebac,Tudela, Misamis Occidental, is 42 years old, married, and has one school-aged child. To make a living, Nikki owns and operates a specialized retail store selling daily-use products such as sugar, canned goods, coffee, shampoo, soap and toothpaste in the local community. Engaged in her business for over three years, she earns approximately 2,000 PHP a month.

In 2010, Nikki joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 5,000 PHP from GDMPC that was used as additional capital for her business, she is requesting her third loan loan for 7000 PHP to purchase dried fish and bagoong for sale. Nikki plans to use the additional revenue generated from the business to improve/expand her store.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has seven branches 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.