Glyn L. is from the village of Sinian Balanlinao Misamis Occidental. She is 48 years old. Glyn is married and has one adult child. Glyn owns and operates a business that provides motorcycle services. Glyn has been engaged in her business for over 10 years and earns approximately 10,000 Philippine pesos (PHP) a month from it.
In 2009, Glyn joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business. She has successfully repaid her last loan from GDMPC, which was for 20,000 PHP and was used to purchase additional seeds, seedlings & young crops to raise.
Glyn is requesting a new loan of 40,000 PHP which will be used to to purchase motorcycle spare parts. This loan will be her second from GDMPC. She plans to use the additional revenue generated from the business to purchase motorcycle spare parts.
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.