A loan of $200 helped to purchase raw ingredients needed to make products for sale.

Geraline's story

Geraline H. is from the village of Katipa, Lopez Jaena, Misamis Occidental. She is 38 years old. Geraline is married and has 5 school-aged children. To make a living, Geraline owns & operates a business venture in the food sector making & selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from preparing and selling bananacue to the local community. Geraline has been engaged in her business for over 5 years and earns approximately 2,000 PHP a month from these activities.

In 2008, Geraline joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Geraline has successfully repaid a previous loan of 6,000 PHP from GDMPC. Geraline is requesting a new loan of 9,000 PHP which will be used to purchase raw ingredients needed to make products for sale. This loan will be the third loan taken out by Geraline from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit 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.

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