$0 of $150 raised.
Started raising funds on Jun 8, 2011
Caridad is from the village of UPPER LAMAC, OROQ. CITY. She is 68 years old. Caridad is married and has 3 adult-aged children. To make a living, Caridad owns and operates a tailoring business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing women's tailoring services to local community members. Caridad has been engaged in her business for over 10 years and earns approximately 3,000 PHP a month for these activities. In 2008, Caridad joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Caridad has successfully repaid a previous loan of 6,000 PHP from GDMPC. Caridad is requesting a new loan of 6,000 PHP which will be used to purchase sewing materials and to repair an existing sewing machine. This loan will be the twelveth loan taken out by Caridad from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business. 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, fisherfolks 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.
Source: http://www.kiva.org/lend/305585
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