Leonita F. is from the village of Labo in Ozamiz City. She is 58 years old. Leonita is widowed and has 5 adult children. To make a living, Leonita plants, harvests, and sells bananas. Leonita has been engaged in her business for over 10 years and earns approximately 22000 PHP a month from these activities.
In 2004, Leonita joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Leonita has successfully repaid a previous loan of 10000 PHP from GDMPC. Leonita is requesting a new loan of 30000 PHP to invest in expanding her business. This will be Leonita's 18th loan from GDMPC. She plans to use the additional revenue generated from the business to improve her family's living conditions.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units 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.