A loan of $125 helped to purchase additional raw materials.


Elvie's story

Elvie A. is from the village of Poblacion 4, Clarin, Misamis Occidental. She is 43 years old, married and has three infant-aged children. To make a living, Elvie owns and operates a business venture in the food sector preparing and selling cooked food for daily meals. Elvie has been engaged in her business for over two years and earns approximately 3,000 PHP per month from these activities.

In 2004, Elvie joined Kiva partner, GDMPC, to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 30,000 PHP from GDMPC. Elvie is requesting a new loan of 5,000 PHP, which will be used to purchase additional raw ingredients. This loan will be her fourth 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, 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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