A loan of $450 helped to purchase additional products to sell.


Aldiojojan's story

Aldiojojan B. is from the village of San Vicente Bajo, Oroquieta City. He is 40 years old, married, and has two school-aged children. To make a living, Aldiojojan owns and operates a general store. The main source of income for the business comes from selling daily use products such as candies, sugar, noodles, shampoo, soap, toothpaste etc. in the local community. Aldiojojan has been engaged in his business for over five years and earns approximately 5,000 PHP per month from these activities.

In 2008, Aldiojojan joined Kiva partner, GDMPC, to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 20,000 PHP from GDMPC. Aldiojojan is requesting a new loan of 20,000 PHP, which will be used to purchase additional products to sell. This loan will be his fifth from GDMPC. He plans to use the additional revenue generated to improve and expand his 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.



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