A loan of $1,175 helped to purchase additional products like canned goods, noodles, and beverages for sale.


Aileen Mae's story

Aileen Mae is from the town of Palayan, Aloran, Misamis Occidental. She is 29 years old. Aileen Mae is married and has one school-aged child. Aileen Mae has a general store. The main source of income for the business comes from selling food & daily use products in the local community. Aileen Mae has been engaged in her business for over one year and earns approximately 6000 Philippine pesos (PHP) a month from it.

In 2011, Aileen Mae joined GDMPC to gain access to financial services to help improve her living situation and ability to do business. Aileen Mae is requesting a new loan of 50,000 PHP which will be used to purchase additional products like canned goods, noodles, and beverages for sale. This loan will be the first loan taken out by Aileen Mae from GDMPC. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.

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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