A loan of $400 helped to purchase materials needed to provide service.


Jonard's story

Jonard M., from the village of D'ban Calamba Mismais Occidental, is 36 years old, married, and has one school-aged child. To make a living, Jonard owns and operates a service-based business providing repair services to local community members. Engaged in his business for over six years, he earns approximately 10000 PHP a month.

In 2008, Jonard joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Having repaid his previous loan of 17000 PHP from GDMPC that was used to purchase materials needed to expand services provided, he is now requesting his fourth loan of 17000 PHP to purchase materials needed to provide service. Jonard 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 unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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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