A loan of $125 helped to repair equipment used in the business.


Lydia's story

Lydia B. is from the city of Maquilao Tangub City. She is 43 years old. Lydia is married and has 4 school-age children. To make a living, Lydia owns & operates a business venture in the agriculture sector raising livestock. The main source of income for the business comes primarily from raising fish for sale. Lydia has been engaged in her business for over 10 years and earns approximately 15000 PHP a month for these activities. In 2010, Lydia joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Lydia is requesting a loan of 5000 PHP which will be used to repair equipment used in her business. This loan will be the first loan taken out by Lydia 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 units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks 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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