Grace G. is from the village of Dinas, Sinacaban, Misamis Occidental. She is 44 years old. Grace is married and has three adult-aged children. To make a living, Grace owns and operates a general store. The main source of income for the business comes from selling daily-use products such as bread, cookies, candies, canned goods, eggs, shampoo, soap, and toothpaste. She has been engaged in her business for over 20 years and earns approximately 2,500 PHP a month.
In 2008, Grace joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Grace has successfully repaid a previous loan of 17,000 PHP from GDMPC. This previous loan was used as additional capital for her business. Grace is requesting a new loan of 20,000 PHP which will be used to purchase additional products to sell. This loan will be Grace's fourth loan from GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices that cover the provinces of Zamboanga del Sur, Lanao del Norte, and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks, and small entrepreneurs.
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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.