Gina I.- I. is from the city of Calabayan Ozamiz City. She is 41 years old. Gina is married and has three school-aged children. To make a living, Gina owns and operates a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community. Gina has been engaged in her business for more than 10 years and earns approximately 3,000 PHP a month for these activities.
In 2007, Gina joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Gina has successfully repaid a previous loan from GDMPC. Gina is requesting a new loan of 7,000 PHP, which will be used to invest in expanding the business. This loan will be the third loan taken out by Gina 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 seven branches covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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.