A loan of $475 helped to purchase a new transport unit.

Vivina's story

Vivina L. is from the village of Matugas Alto, Jimenez, Misamis Occidental. She is 50 years old. Vivina is married and has six adult children. To make a living, Vivina owns & operates transportation services. While not the only means for generating revenue, the main source of income for the business comes from operating tricycle (three-wheeled vehicle) transport services. Vivina has been engaged in her business for over 3 years and earns approximately 2,000 PHP a month for these activities.

In 2007, Vivina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Vivina has successfully repaid a previous loan from GDMPC. Vivina is requesting a new loan of 20,000 PHP which will be used to purchase a new transport unit. This will be the sixth loan taken out by Vivina from GDMPC. She plans to use the additional revenue generated from the business to improve/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.

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