A loan of $350 helped to purchase additional products to sell.

Jeremias's story

Jeremias Q. is from the village of La Victoria, Aurora, Zamboanga Del Sur. He is 31 years old. Jeremias is married and has two very young children. To make a living, Jeremias sells shoe products in the local community. Jeremias has been engaged in his business for over seven years and earns approximately 4,200 Philippines pesos (PHP) a month for these activities.

In 2011, Jeremias joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Jeremias is requesting a new loan of 15,000 PHP, which will be used to purchase new shoes to sell. This will be the first loan taken out by Jeremias 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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