Lorna H. is from the village of Poblacion 1 Clarin, Misamis Occidental. She is 35 years old. Lorna is married and has 2 school-aged children. To make a living, Lorna owns & operates a motor transportation service. Lorna has been engaged in her business for over 1 year and earns approximately 10000 PHP a month for these activities.
In 2010, Lorna joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Lorna has successfully repaid a previous loan from GDMPC. She is requesting a new loan of 20000 PHP which will be used to repair an existing vehicle for better service. This will be the fifth loan taken out by Lorna 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, 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.
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.