Jerry James I. is from the village of Guba Clarin, Misamis Occidental. He is 41 years old and married with two school-aged children. To make a living, Jerry James operates a transportation service. He has been engaged in this business for over 10 years and earns approximately 15000 PHP a month.
In 2007, Jerry James joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. He has successfully repaid a previous loan of 30000 PHP from GDMPC and is requesting a new loan of 19800 PHP which will be used to repair his vehicle for better service. This loan will be the fourth loan taken out by Jerry James from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.
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.