In 2009, Suzith joined GDMPC to gain access to financial services. As a result, she was able to engage in business activities and in turn to improve her standard of living. Suzith has successfully repaid a previous loan in the amount of 15,000 PHP from GDMPC. Suzith is now requesting another loan, this time in the amount of 18,000 PHP ($400), which will be used to purchase additional products to sell. This loan would be the second loan taken out by Suzith through GDMPC. She plans to use any additional revenue generated from the business on account of the loan to improve the general living conditions of her family.
About GDMPC: 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 mostly comprised of farmers, fishermen/women, and entrepreneurs.
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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Success!! The loan was 100% repaid