Brenda L. is from the village of D'BAN, Calamba Misamis Occidental. She is 44 years old. Brenda is married and has 5 school aged children. To make a living, Brenda owns and operates a retail business. The main source of income comes from selling scrap metal, empty bottles, and other used products in the local community. Brenda has been engaged in her business for over 5 years and earns approximately 3,000 PHP a month.
Brenda joined GDMPC to gain access to financial services to help improve her standard of living and is requesting a new loan of 10,000 PHP which will be used to invest in expanding the business. This loan will be the third loan taken out by Brenda from GDMPC. She plans to use the additional revenue generated from the business to supplement the 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, 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.