A loan of $175 helped to repair existing vehicle for better service.

Ma. Theresa's story

Ma. Theresa R. is from the city of Calabayan Ozamiz City. She is 33 years old. Ma. Theresa is married and has 4 school-aged children. To make a living, Ma. Theresa owns & operates a transportation services business. Ma. Theresa has been engaged in her business for over 3 years and earns approximately 3000 PHP a month for these activities.

In 2009, Ma. Theresa joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Ma. Theresa has successfully repaid a previous loan from GDMPC. Ma. Theresa is requesting a new loan of 7000 PHP which will be used to repair existing vehicle for better service. This will be the third loan taken out by Ma. Theresa from GDMPC. She 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 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.

Loan details

Lenders and lending teams

Loan details