A loan of $100 helped to purchase raw materials to expand product offerings.

Eufemia's story

Eufemia T. is from the village of Bobongan, Ramon Magsaysay, Zamboanga del Sur. She is 59 years old. Eufemia is married and has four adult-aged children. To make a living, Eufemia owns and operates a manufacturing business, making and selling bamboo products like "amakan" (floor mats) to local businesses and community members. Eufemia has been engaged in her business for over two years and earns approximately $150 a month from this activity.

In 2008, Eufemia joined GDMPC to gain access to financial services to help improve her living situation by engaging in business activities. Eufemia has successfully repaid a previous loan of 6,000 PHP from GDMPC. This previous loan was used to purchase raw materials to manufacture additional products. Eufemia is requesting a new loan of 4,000 PHP which will be used to expand her product offerings. This will be her 4th 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.

*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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