A loan of $1,125 helped business expansion.

Judith's story

Judith C. is from the village of Solinog Calamba Misamis Occidental. She is 41 years old. Judith is married and has two school-aged children. Judith owns and operates a specialized retail store. The main source of income for the business comes from selling daily use products such as shampoo, soap & toothpaste,C2 drinks, Nescafe, coffee mate, and diapers in the local community. Judith has been engaged in her business for over six years and earns approximately 15,000 Philippine pesos (PHP) a month from it.

In 2009, Judith joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business. She has successfully repaid her last loan from GDMPC, which was for 35,000 PHP and was used to purchase additional inventory & as working capital.

Judith is now requesting her second loan from GDMPC, for 50,000 PHP, which will be used to to expand the business. She plans to use the additional revenue generated from the business to supplement the family's income.

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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