Funded

Total loan: $1,050
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A loan of $1,050 helped to purchase rice and corn grits, dried fish, canned goods, instant noodles, spices, softdrinks candies, bread and biscuits.


Gertrudes's story

Gertrudes L. is from the village of Talairon, Oroq.City. She is 70 years old. Gertrudes is married and has four adult children.

To make a living, Gertrudes owns and operates general store. She has been engaged in her business for over five years and earns approximately 2,500 PHP a month.

In 2007, Gertrudes joined GDMPC to gain access to financial services to help improve her business and living situation. Gertrudes has successfully repaid a previous loan from GDMPC. Gertrudes is requesting a new loan of 45,000 PHP which will be used to purchase additional products to sell like rice and corn grits, dried fish, canned goods, instant noodles, spices, softdrinks candies, bread and biscuits. This loan will be the 14th loan taken out by Gertrudes from GDMPC. She plans to use the additional revenue generated from the loan to improve and expand her business.

About GDMPC: GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has seven branches 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.



Loan details

Loan length:

4 months
Repayment schedule: At end of term
Disbursed date: February 21, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

4 months
Repayment schedule: At end of term
Disbursed date: February 21, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)