In 2008, Lydia joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having fully repaid a previous loan of 6000 PHP from GDMPC, she is requesting a new loan, her third, of 8000 PHP to repair a transport vehicle used in the business. Lydia plans to put the additional revenue generated from the business toward improving the general living conditions of her family.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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 Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
About GDMPCGata 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.
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Success!! The loan was 100% repaid