A loan of $675 helped to purchase additional inventory and use as working capital.

Judith's story

Judith C. is from the village of Solinog Calamba Misamis Occidental. She is 40 years old and married with two school-age children. To make a living, Judith owns and operates a retail store in the local community. She sells daily-use products, such as shampoo, soap, toothpaste, canned goods, noodles, and other items. Judith has had her shop for over four years and earns approximately 10000 PHP a month.

In 2009, Judith joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She successfully repaid a previous loan of 10000 PHP from GDMPC. She used that loan to purchase additional products to sell. Judith is requesting a new loan of 30000 PHP to purchase additional inventory and to use as working capital. This will be her second loan from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks 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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