In 2009, Germelina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan of 15,000 PHP from GDMPC that was used as additional capital for her business, she is now requesting her third loan in the amount of 25000 PHP to purchase fertilizers such as manure. Germelina plans to use the additional revenue generated from the business to improve/expand her enterprise.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit 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.
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