A loan of $275 helped to expand business.

Alicia's story

Alicia S. is from the village of Sto. Niño,Tukuran, Zamboanga del Sur. She is 41 years old. Alicia is married and has 1 adult-aged child. To make a living, Alicia owns and operates a business venture in the retail sector operating a specialized "sari-sari" retail store. While not the only means of generating revenue, the main source of income for the business comes primarily from selling daily use products such as shampoo, soap, and toothpaste in the local community. Alicia has been engaged in her business for over 5 years and earns approximately 5,000 PHP a month for these activities.

In 2008, Alicia joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Alicia has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used to purchase new items to expand her product offering. Alicia is requesting a new loan of 12,000 PHP which will be used to expand the business. This loan will be the fourth loan taken out by Alicia 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.

*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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Loan details