A loan of $150 helped to expand her business.

Anecita's story

Anecita D. is from the village of Romarate in Aurora, Zamboanga del Sur. She is 67 years old. Anecita is married and has 1 adult children. To make a living, Anecita owns and operates a "sari-sari" or general store where she sells daily use products, such as shampoo, soap, toothpaste etc., in the local community. Anecita has been engaged in her business for over 6 years and earns approximately 3000 PHP a month from these activities.

In 2008, Anecita joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Anecita has successfully repaid a previous loan of 7000 PHP from GDMPC. This previous loan was used to purchase additional products to sell. Anecita is requesting a new loan of 7000 PHP which will be used to invest in expanding the business. This will be Anecita's fourth loan from GDMPC. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

About GDMPC:

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