A loan of $225 helped to purchase additional products to sell.


Jeanette's story

Jeanette A. is from the village of Gala, Ozamiz City, Misamis Occidental. She is 30 years old. Jeanette is single. To make a living, Jeanette owns and operates a general store. The main source of income for the business comes from selling a variety of different products in the local community. Jeanette has been engaged in her business for over 1 year and earns approximately 2,000 PHP a month for these activities.



In 2008, Jeanette joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jeanette has successfully repaid a previous loan from GDMPC. Jeanette is requesting a new loan of 10,000 PHP which will be used to purchase additional products to sell. This will be the fifth loan taken out by Jeanette 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.



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