A loan of $925 helped to invest in expanding the business by purchasing addtitional products.

Alicia's story

Alicia S. is from the village of Sto. Niño, Tukuran Zamboanga Del Sur. She is 42 years old. Alicia is separated from her spouse and has one school-aged child. To make a living, Alicia owns and operates a store selling rice and corn grits, canned goods, noodles, dried fish and bagoong in the local community. Alicia has been engaged in her business for over 25 years and earns approximately 10000 PHP a month from these activities.

In 2008, Alicia joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Alicia has successfully repaid a previous loan of 20000 PHP from GDMPC. This previous loan was used to purchase additional products to sell. Alicia is requesting a new loan of 40000 PHP which will be invested in expanding the business. This will be Alicia's sixth loan from GDMPC. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

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, fishers 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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