A loan of $475 helped to purchase additional products like soft drinks and rice for sale.

Caroline's story

Caroline is from the town of Barra Puntod, Lopez Jaena, Misamis Occidental. She is 48 years old. Caroline is single and has two adult children.

Caroline has a general store that sells food & daily use products in her community. Caroline has been engaged in her business for over three years and earns approximately 14,000 Philippine pesos (PHP) a month from it.

In 2011, Caroline joined GDMPC to gain access to financial services to help improve her living situation and ability to do business. Caroline is requesting a new loan of 20,000 PHP which will be used to purchase additional products like soft drinks and rice for sale. This loan will be the first loan taken out by Caroline from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.

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.

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