A loan of $1,100 helped to purchase additional products to sell.

Aida's story

Aida M. is from the city of Annex, Ozamiz City. She is 48 years old, married, and has four school-aged children. To make a living, Aida cooks and sells food for daily meals in the local community. Aida has been engaged in her business for over fifteen years and earns approximately $770 a month for these activities.

In 2010, Aida joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 20,000 PHP from GDMPC. Aida is requesting a new loan of 50,000 PHP which will be used to purchase additional products to sell. This will be her 2nd loan from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her 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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