A loan of $675 helped business renovation.

Claire's story

Claire V. is from the village of Poblacion 2 Oroquieta City Misamis Occidental. She is 19 years old and is single. To make a living, Claire owns and operates a business in the services sector. While not the only means for generating revenue, the main source of income for the business comes primarily from operating an e-loader "SMART" business. Claire has been engaged in her business for over 1 year and earns approximately 5000 PHP a month from these activities.

In 2010, Claire joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Claire is requesting a new loan of 30000 PHP which will be used to invest in renovating the business. This loan will be the first loan taken out by Claire from GDMPC. She plans to use the additional revenue generated from the business to pay her tuition fees.

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.

Loan details

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Loan details