Shiela A. is from the city of Gango, Ozamiz City. She is 34 years old. Shiela is married and has one school-aged child. To make a living, Shiela operates a specialized retail store. The main source of income for the business comes from selling motorcycle spare parts and accessories in the local community. Shiela has been engaged in her business for over two years and earns approximately 10,000 Philippine pesos a month for these activities.
In 2007, Shiela joined GDMPC, a Kiva partner, to gain access to financial services to help improve her living situation and ability to engage in business activities. Shiela has successfully repaid a previous loan of 18,000 PHP from GDMPC. Shiela is requesting a new loan of 13,061 PHP, which will be used to purchase additional products to sell. This will be the eighth loan taken out by Shiela from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.