Vicenta S. lives in Sto.Niño, Tukuran Zamboanga Del Sur. She is 60 years old, married and has one grown child. To make a living, she makes and sells food, mostly bread, salted fish and other items. She has been in business for more than 13 years and earns approximately 10,000 PHP a month from her work.
In 2009, Vicenta joined GDMPC to gain access to financial services to help improve her life and business. She has successfully repaid a previous loan of 10,000 PHP from GDMPC, which she used to buy supplies to make more food. She is applying for a new loan, for 15,000 PHP, to buy additional products to sell. She plans to use the additional revenue generated by this loan to improve her living conditions.
GDMPC is a leading cooperative 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 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.