100%

funded

Total loan: $125

Marissa

Flag of Philippines
Tukuran, Zamboanga Del Sur, Zamboanga Peninsula, Philippines / Services

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A loan helped to purchase additional tools for repair services.


Marissa's story

Marissa B. is from the village of Militar. She is 21 years old and married with two small children. To make a living, Marissa owns a business providing fishing boat repair services. She has been engaged in her business for over 3 years and earns approximately 2500 PHP a month. In 2011, Marissa joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a loan of 5000 PHP to purchase additional tools for repair services . This loan will be the first loan taken out by Marissa from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business. 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.