A loan of $700 helped to repair existing vehicle for better service.

Joseph Senen's story

Joseph Senen D. is from the village of Kinangay Norte, Clarin, Misamis Occidental. He is 43 years old. Joseph Senen is married and has four school-aged children. To make a living, Joseph Senen owns & operates transportation services. Joseph Senen has been engaged in his business for over 3 years and earns approximately 10,000 PHP a month for these activities.

In 2010, Joseph Senen joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 20,000 PHP from GDMPC. This previous loan was used for his pig-raising business. Joseph Senen is requesting a new loan of 30,000 PHP which will be used to repair existing vehicle for better service. This will be the fifth loan taken out by Joseph Senen 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, 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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