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

Felicitas's story

Felicitas T. is from the village of Campo I, Aurora, Zamboanga del Sur. She is 60 years old. Felicitas is widowed and has two adult children. To make a living, Felicitas owns and operates a sari-sari, or general store. Her main source of income comes from selling daily use products such as shampoo, soap, and toothpaste in the local community. Felicitas has been engaged in her business for over four years and earns approximately $135 a month from these activities.

In 2008, Felicitas joined GDMPC to gain access to financial services to help improve her living situation by engaging in business activities. Felicitas has successfully repaid a previous loan of 10000 PHP from GDMPC. This loan was used to invest in expanding her business. She is requesting a new loan of 10000 PHP, which will be used to purchase additional products to sell. This will be her fourth loan from GDMPC. Felicitas 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, 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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