100%

funded

Total loan: $600

Jorenda

Tukuran, Zamboanga Del Sur, Zamboanga Peninsula, Philippines / Retail

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A loan helped to purchase additional products, such as canned goods, noodles, and munchies, to sell.


Jorenda's story

Jorenda is 40 years old and married with four adult children. She is from the village of Sto. Niño, Tukuran, Zamboang del Sur. To make a living, Jorenda owns and operates a specialized retail store. Her main source of income comes from selling daily use products such as shampoo, soap, and toothpaste in the local community. She has been engaged in her business for over four years and earns approximately 12,000 PHP a month. Jorenda joined GDMPC in 2009 to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 20,000 PHP from GDMPC. Jorenda is requesting a new loan of 25,000 PHP to purchase additional products like canned goods, noodles, and munchies to sell. This will be the fifth loan taken out by Jorenda from GDMPC. She plans to use the additional revenue generated with her loan 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.