A loan of $350 helped to buy products for resale.

Anecita's story

Anecita D. is from the village of Sta.Cruz, Jimenez, Misamis Occidental. She is 63 years old. Anecita is married and has 2 adult-aged children.

To make a living, Anecita owns & operates a business venture in the retail sector running a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling both food & daily use products in the local community. Anecita has been engaged in her business for over 36 years and earns approximately 5,000 PHP a month for these activities.

In 2009, Anecita joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities.

Anecita has successfully repaid a previous loan of 20,000 PHP from GDMPC. This previous loan was used as additional capital for her business. Anecita is requesting a new loan of 15000 PHP which will be used to purchase additional products to sell. This loan will be the third loan taken out by Anecita from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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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