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

Luzviminda's story

Luzviminda O. is from the village of Catadman, Ozamiz City, Misamis Occidental. She is 61 years old and is widowed.

Luzviminda owns and operates a business making & selling food, primarily preparing and selling cooked food for daily meals. She has been engaged in her business for over five years and earns approximately 8,000 PHP a month.

In 2006, Luzviminda joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from GDMPC.

Luzviminda is requesting a new loan of 10,000 PHP which will be used to purchase raw ingredients needed to make products for sale. This will be her second loan from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business.

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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