Liza D. is from the city of Gala Ozamiz City. She is 40 years old, married, and has four school-aged children. Liza has a banana plantation. She has been engaged in her business for over three years and earns approximately 10,000 Philippine pesos (PHP) a month from it.
In 2008, Liza joined GDMPC to gain access to financial services to help improve her living situation and ability to do business. Liza has successfully repaid a previous loan of 20,000 PHP from GDMPC. Liza is requesting a new loan of 25,000 PHP which will be used to finance banana farms maintenance and to purchase fertilizer like manure. This loan will be the seventh loan taken out by Liza 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, fishermen 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.