A loan of $1,175 helped to purchase pesticides and fertilizers such as manure.

Samson's story

Samson Y. is from the village of Poblacion 2 Clarin, Misamis Occidental. He is 63 years old. Samson is married and has 1 school-aged child. To make a living, Samson owns & operates a business venture in the agriculture sector raising crops, primarily cultivating fruit trees & harvesting fruit to sell. Samson has been engaged in his business for over 4 years and earns approximately 40000 PHP a month for these activities.

In 2004, Samson joined GDMPC to gain access to financial services to help improve his living situation and his ability to engage in business activities. He has successfully repaid a previous loan from GDMPC. Samson is requesting a new loan of 50000 PHP which will be used to purchase pesticides and fertilizers such as manure. This will be the 22nd loan taken out by Samson 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 seven branches 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 them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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