Funded

Total loan: $225
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A loan of $225 helped to invest in expanding the business.


Jennelyn's story

Jennelyn C. is from the village of San Carlos, Tukuran Zamboanga Del Sur. She is 30 years old. Jennelyn is married and has 3 school-aged children. To make a living, Jennelyn owns & operates a business venture in the retail sector operating a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from buying and selling charcoal and eggs in the local community. Jennelyn is just starting this business.

In 2010, Jennelyn joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jennelyn is requesting a new loan of 10000 PHP which will be used to invest in expanding the business. This loan will be the first loan taken out by Jennelyn from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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.



Loan details

Loan length:

8 months
Disbursed date: June 23, 2010
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 23, 2010
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)