Rosalina A., age 22, is a rice farmer. She earns her living by planting and harvesting rice to offer for sale. Rosalina has been engaged in her business for over six years and earns approximately 5,000 PHP a month. She is unmarried and lives in the village of Campo 4, Ramon Magsaysay, Zamboanga del Sur.
In 2009, Rosalina joined GDMPC to gain access to financial services. She hoped to help improve her living situation and increase her ability to engage in business activities. Rosalina has successfully repaid a previous loan of 25,000 PHP from GDMPC. This previous loan was used to to purchase additional seeds and seedlings to raise. Rosalina is requesting a new loan of 30,000 PHP, which will be used to purchase fertilizers such as manure. This loan will be the fifth loan taken out by Rosalina from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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, fisherfolk, and small business 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.