A loan of $175 helped to purchase additional products to sell.


Rosemary's story

Rosemary P. is from the village of Bagumbang Bonifacio. She is 28 years old. Rosemary is married and has 1 infant-aged child. To make a living, Rosemary owns and operates a business venture in the retail sector, operating a specialized retail store. While not the only means for 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. Rosemary has been engaged in her business for over 2 years and earns approximately 3000 PHP a month for these activities.

In 2008, Rosemary joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosemary has successfully repaid a previous loan of 8000 PHP from GDMPC. Rosemary is requesting a new loan of 8000 PHP which will be used to purchase additional products to sell. This loan will be the third loan taken out by Rosemary 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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