A loan of $625 helped to purchase additional products to sell.

Rhubie C.'s story

Rhubie R. is from the village of Poblacion 3, Clarin, Misamis Occidental. She is 30 years old. Rhubie is married and has 2 school-aged children. To make a living, Rhubie owns & operates a business venture in the retail sector operating a "sari-sari" (general) store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily use products such as shampoo, soap & toothpaste etc., in the local community. Rhubie has been engaged in her business for over 4 years and earns approximately 7750 PHP a month for these activities.

In 2005, Rhubie joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rhubie has successfully repaid a previous loan of 25000 PHP from GDMPC. Rhubie is requesting a new loan of 30000 PHP which will be used to purchase additional products to sell. This loan will be the twelfth loan taken out by Rhubie from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's family.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.

*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.

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