A loan of $175 helped to invest in expanding the business.

Elsa's story

Elsa P. is from the city of Kinuman Norte Ozamiz City. She is 43 years old. Elsa is married and has three school-aged children. To make a living, Elsa plants and harvests bananas for sale. Elsa has been engaged in her business for over five years and earns approximately $200 a month from this activity.

In 2010, Elsa joined GDMPC to gain access to financial services to help improve her living situation by engaging in business activities. Elsa is requesting a loan of 7,000 PHP which will be used to invest in expanding her business. This will be her first loan 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. 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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