Funded

Total loan: $175
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A loan of $175 helped buy raw materials for weaving.


Maria's story

Maria is from Aurora, Zamboanga del Sur, Philippines. She is 40 years old, married, and has 7 dependents. Her husband is a fisherman. To make a living, she is engaged in manufacturing lampkanay products. Lampkanay is a firm aquatic herb that is used to make mats, ropes, baskets and other braided furniture. Her business has existed for over 6 years until the present time and she now earns a total of PHP 5,000 a month.

Maria aims to access financial services, which she has realized since 2010 with Gata Daku MPC. She applied for a loan of PHP 7,000 to obtain adequate raw materials for weaving. This is her 2nd loan borrowed from the cooperative. She hopes to produce the best output from this investment and earn more income for her family. Maria is looking forward to expanding her business and developing attractive and durable products to offer.



Loan details

Loan length:

8 months
Disbursed date: August 18, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 18, 2011
Facilitated by Field Partner: Gata Daku Multi-purpose Cooperative (GDMPC)