A loan of $275 helped to repair an existing vehicle for better service.

Ralph's story

Ralph S. is from the village of Lapasan Clarin, Misamis Occidental. He is 36 years old. Ralph is married. To make a living, Ralph owns & operates a business providing motor transport services. Ralph has been engaged in his business for over a year and earns approximately 8000 PHP a month for these activities.

In 2010, Ralph joined GDMPC to gain access to financial services to help improve his living situation and his ability to engage in business activities. Ralph has successfully repaid a previous loan of 15000 PHP from GDMPC. He is requesting a new loan of 12000 PHP which will be used to repair existing vehicle for better service. This will be the third loan taken out by Ralph from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units 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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