A loan of $125 helped to purchase additional products to sell.


Mary Ann's story

Mary Ann T. is from the village of Rizal, Jimenez, Misamis Occidental. She is 27 years old. Mary Ann is single. Mary Ann owns & operates a general store shere she sells daily use products such as shampoo, soap & toothpaste. Mary Ann has been engaged in her business for over 1 year and earns approximately 3,500 PHP a month.. In 2010, Mary Ann joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a new loan of 5,000 PHP which will be used to purchase additional products to sell. This loan will be the first loan taken out by Mary Ann from GDMPC. She plans to use the additional revenue generated to improve and expand her business. About GDMPC: GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fishermen 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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