A loan of $225 helped to purchase breeding livestock.

Nida's story

Nida R. is from the village of Inasagan, Aurora Zamboanga Del Sur. She is 34 years old. Nida is married and has 4 school-aged children. To make a living, Nida owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Nida has been engaged in her business for over 3 years and earns approximately 2000 PHP a month for these activities.

In 2007, Nida joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Nida has successfully repaid a previous loan of 5000 PHP from GDMPC. This previous loan was used to to purchase young livestock to raise & sell in future. Nida is requesting a new loan of 10000 PHP which will be used to purchase breeding livestock. This loan will be the seventh loan taken out by Nida from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the 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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