A loan of $350 helped to purchase additional products to sell.

Lorna's story

Lorna P. is from the city of Doña Consuelo Ozamiz City. She is 61 years old. Lorna is married and has two adult children.

To make a living, Lorna owns and operates a general store. Lorna has been engaged in her business for over a year and earns approximately 10,000 PHP a month for these activities.

In 2011, Lorna joined GDMPC to gain access to financial services to help improve her business and living situation. Lorna is requesting a loan of 15,000 PHP, which will be used to purchase additional products to sell. This will be the first loan taken out by Lorna 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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Loan details