Benjamin D. is from the village of Makawa, Aloran, Misamis Occidental. He is 54 years old. Benjamin is single. To make a living, Benjamin raises livestock. The main source of income for the business comes from raising pigs for sale in the local community. Benjamin has been engaged in his business for over 20 years and earns approximately 30,000 Philippine pesos a month for these activities.
In 2007, Benjamin joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Benjamin has successfully repaid a previous loan of 5,000 PHP from GDMPC, a Kiva partner.
Benjamin is requesting a new loan of 5,000 PHP, which will be used to invest in expanding the business. This will be the 11th loan taken out by Benjamin from GDMPC. He plans to use the additional revenue generated from the business to improve/expand his 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.
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.