A loan of $150 helped to repair his motorcycle.

Ronald's story

Ronald D. is from the village of Clarin, Misamis Occidental. He is 26 years old and is single.

Ronald works in a business operating motor transport services. He has been engaged in his business for over a year and earns approximately 10,000 PHP a month.

In 2009, Ronald joined GDMPC to gain access to financial services to help improve his living situation and his ability to engage in business activities. He has successfully repaid a previous loan of 4,000 PHP from GDMPC.

Ronald is requesting a new loan of 6,000 PHP which will be used to repair his vehicle in order to provide better service. This loan will be his fourth from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

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