Maica Joy T. is from the village of Dalapang, Ozamiz City, Misamis Occidental. She is 24 years old. Maica Joy is married and has two school-age children. To make a living, Maica Joy owns and operates a sari-sari, or general store. She sells soft drinks and daily use products in the local community. Maica Joy has been in business for over three years and earns approximately 3,000 PHP a month.
In 2009, Maica Joy joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Maica Joy is requesting a loan of 5,000 PHP, which will be used to invest in expanding the business. This loan will be the first loan taken out by Maica Joy from GDMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies and for her children's tuition.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three offices 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.
Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.