A loan of $350 helped to purchase materials needed to repair motorcycles.

Lucita's story

Lucita P. is from the city of Taboc Sur, Oroquieta City. She is 46 years old. Lucita is married and has one adult-aged child. To make a living, Lucita owns and operates a service-based business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing general services to local community members. Lucita has been engaged in her business for over two years and earns approximately 10,000 PHP a month for these activities.

In 2010, Lucita joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Lucita is requesting a new loan of 15,000 PHP which will be used to purchase materials needed to provide service. This will be the first loan taken out by Lucita from GDMPC. She plans to use the additional revenue she generates from the business to supplement the family's income.

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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