A loan of $200 helped to repair existing vehicle for better service.


Julito's story

Julito P. is from the city of Santa Cruz, Tangub City. He is 36 years old and married. To make a living, Julito owns and operates a pedicab transport service. Julito has been engaged in his business for over 2 years and earns approximately 3,000 PHP a month from these activities.

In 2010, Julito joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Julito has successfully repaid a previous loan from GDMPC and is requesting a new loan of 8,000 PHP which will be used to repair an existing vehicle for better service.

This loan will be the second loan taken out by Julito 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 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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