Rosemarilyn B. is from the town of Plaridel, Misamis Occidental. She is 30 years old, is married and has three school-aged children. To make a living, Rosemarilyn owns and operates a business venture in agriculture sector. While not the only means for generating revenue the means source of income comes primarily from raising pigs for sale in the local community. She has been engaged in her business for over four years and earns approximately 3,000 PHP a month.
In 2008, Rosemarilyn joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from GDMPC. This previous loan was used as additional capital for her piggery.
Rosemarilyn is requesting a new loan of 3,000 PHP which will be used to purchase piglets to raise and sell. This loan will be her second from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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.