A loan of $125 helped to purchase breeding livestock.

Marcelina's story

Marcelina R. is from the village of Waterfall, Aurora, Zamboanga Del Sur. She is 50 years old. Marcelina is married and has one child. To make a living, Marcelina owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes from raising pigs for sale. Marcelina has been engaged in her business for over 5 years and earns approximately 2000 PHP a month for these activities.

In 2008, Marcelina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Marcelina has successfully repaid a previous loan of 5000 PHP from GDMPC. This previous loan was used to purchase baby livestock to raise & sell in future. Marcelina is requesting a new loan of 5000 PHP which will be used to purchase breeding livestock. This will be the third loan taken out by Marcelina 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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