A loan of $350 helped to purchase additional grocery items for sale.

Lyndamar's story

Lyndamar is from the village of Tabo-o, Jimenez, Misamis Occidental. She is 29 years old, married, and has 2 school-aged children. To make a living, Lyndamar owns & operates a specialized retail store. The main source of income for the business comes from selling daily use products such as shampoo, soap & toothpaste in the local community. She has been engaged in her business for over 3 years and earns approximately 5,000 PHP a month.

In 2010, Lyndamar joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 15,000 PHP from GDMPC, which was used as additional capital for her business. She is requesting a new loan of 15,000 PHP, which will be used to purchase additional grocery items for sale. This will be Lyndamar’s second loan from GDMPC. She plans to use the additional revenue generated from the business to improve and expand it.

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 consists mostly of farmers, fisher-folk and small business 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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