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

Taciana's story

Taciana S. is from the city of Prenza, Tangub City. She is 50 years old. Taciana is married and has 2 school-aged children. To make a living, Taciana owns & operates a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products, such as shampoo, soap, and noodles in the local community. Taciana has been engaged in her business for over 12 years and earns approximately 20,000 PHP a month for these activities.

In 2010, Taciana joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Taciana has successfully repaid a previous loan of 5,000 PHP from GDMPC. Taciana is requesting a new loan of 10,000 PHP, which will be used to invest in expanding the business. This loan will be the second loan taken out by Taciana 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, 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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