A loan of $125 helped to purchase fertilizers such as manure.


Benegna's story

Benegna S. is from the city of Prenza Tangub City. She is 45 years old. Benegna is married and has one school-aged child. To make a living, Benegna owns and operates a business venture in the agriculture sector, raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting bananas for sale. Benegna has been engaged in her business for over 10 years and earns approximately 2000 PHP a month for these activities. In 2010, Benegna joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Benegna is requesting a loan of 5000 PHP which will be used to purchase fertilizers such as manure. This loan will be the first loan taken out by Benegna 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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