A loan of $350 helped to repair vehicle for better service.


Felicisima's story

Felicisima M., from Labuyo Tangub City, is 53 years old, married and has three grown children. To make a living, Felicisima owns and operates a business venture providing motor transport services. Engaged in her venture for over 15 years, she earns approximately 3,000 PHP per month.

In 2009, Felicisima joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan from GDMPC, she is now requesting her third loan for 15,000 PHP to repair a vehicle for better service. Felicisima 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, 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 it to continue to post loans in English while providing quality and accurate information to Kiva lenders.



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