Funded

Total loan: $275
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Ludy


A loan of $275 helped to invest in expanding the business.


Ludy's story

Ludy Q. is from the village of Banadero, Ozamiz City, Misamis Occidental. She is 40 years old. Ludy is married and has 1 infant child. To make a living, Ludy owns and operates a business venture in the transportation sector. The main source of income for the business comes from providing motorcab services to local community members. Ludy has been engaged in her business for over 3 years and earns approximately 3,000 PHP a month for these activities.

In 2007, Ludy joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Ludy has successfully repaid a previous loan from GDMPC. Ludy is requesting a new loan of 12,000 PHP which will be used to invest in expanding the business. This will be the sixth loan taken out by Ludy from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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, fisherfolk 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.



Loan details

Loan length:

8 months
Disbursed date: August 4, 2009
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 4, 2009
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)