Beddy owns and operates a general store, selling daily-use products such as salt, sugar, "tuba" (coconut wine), shampoo, biscuits (cookies), noodles, etc., in the local community. She has been engaged in her business for over four years and earns approximately 10,000 PHP a month.
In 2010, Beddy joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 25,000 PHP which will be used to purchase additional products to sell and to use for processing her business permit. This loan will be her first from GDMPC.
Beddy plans to use the additional revenue generated from the business to improve and expand her business.
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 Partner 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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