A loan of $200 helped to purchase additional products to sell.

Perlita's story

Perlita L. is from the village of Upper Lamac, Oroquieta City. She is 46 years old. Perlita is married and has 3 adult-aged children. To make a living, Perlita owns & operates a specialized retail store, selling specialty food products in the local community. Perlita has been engaged in her business for over 5 years and earns approximately 1500 PHP a month for these activities.

In 2006, Perlita joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Perlita has successfully repaid a previous loan of 10000 PHP from GDMPC. She is requesting a new loan of 8000 PHP which will be used to purchase additional products to sell. This will be the seventh loan taken out by Perlita from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business.

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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