Emilda C. is from the village of Magcamiguing, Calamba, Misamis Occidental. She is 38 years old. Emilda is married and has eight school-aged children. To make a living, Emilda operates a specialized retail store, harvesting fruits for sale. Emilda has been engaged in her business for over 15 years and earns approximately 4500 PHP a month for these activities.
Emilda joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Emilda is requesting a new loan of 3000 PHP, which will be used to purchase additional fruits for sale. This loan will be the first loan taken out by Emilda from GDMPC. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units, with 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.