A loan of $250 helped to purchase fertilizers such as manure.

Rhoda's story

Rhoda C. is from the village of Tabo-o, Jimenez, Misamis Occidental. She is 57 years old. Rhoda is married and has nine adult children. To make a living, Rhoda owns & 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 from planting and harvesting rice for sale. Rhoda has been engaged in her business for over six years and earns approximately 5,000 PHP a month for these activities.

In 2009, Rhoda joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rhoda has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used as additional capital for her business. Rhoda is requesting a new loan of 10,000 PHP which will be used to purchase fertilizers such as manure. This will be the fourth loan taken out by Rhoda 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, 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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