A loan of $225 helped a member to purchase raw materials to manufacture additional products.

Pablina's Group's story

Pablina D. is from the village of Lapinig,Kapatagan Lanao Del Norte. She is 60 years old. Pablina is the group leader of a 2-member group loan offered by GDMPC. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Pablina is married and has 8 adult-aged children. To make a living, Pablina owns & operates a manufacturing business. While not the only means for generating revenue, the main source of income for the business comes primarily from manufacturing & selling bamboo products to local businesses and community members. Pablina has been engaged in her business for over 2 years and earns approximately 3000 PHP a month for these activities.

In 2010, Pablina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Pablina is requesting a new loan of 5000 PHP which will be used to purchase raw materials to manufacture additional products. This loan will be the first loan taken out by Pablina from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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.

In this group: Pablina, Guadalupe

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