A loan of $325 helped a member to purchase raw materials to manufacture additional products.

Emelita's Group's story

Emelita P. is from the village of Lapinig, Kapatagan, Lanao Del Norte. She is 49 years old. Emelita is the leader of a 3-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.

Emelita is married and has 2 school-aged children. Emelita owns & operates a manufacturing business. The main source of income is the manufacture of bamboo products which are sold to local businesses and community members. Emelita has been engaged in her business for over 18 years and earns approximately 5000 PHP a month.

In 2010, Emelita joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Emelita 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 Emelita from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business.

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: Emelita, Emie, Eddie

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Loan details