Funded

Total loan: $1,175
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A loan of $1,175 helped to purchase additional cellphone and electronic load for sale.


Anna Marie's story

Anna Marie R. is from the village of Taraka, Jimenz, Misamis Occidental. She is 28 years old. Anna Marie is married and has three school-aged children. Anna Marie has a store that sells mobile phone credit loads (prepaid talking and texting) in the local community. Anna Marie has been engaged in her business for over three years and earns approximately 20,000 Philippine pesos (PHP) a month from it.

In 2010, Anna Marie joined GDMPC to gain access to financial services to help improve her living situation and ability to do business. Anna Marie is requesting a new loan of 50,000 PHP which will be used to purchase additional cellphones and electronic loads for sale. This loan will be the first loan taken out by Anna Marie 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, fishermen 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

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: May 3, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: May 3, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)