Arlyn O. is from the village of Rizal, Jimenez, Misamis Occidental. He is 44 years old and single.
To make a living, Arlyn provides Internet services in the local community. Arlyn has been engaged in his business for over five years and earns approximately 20,000 PHP a month for these activities.
In 2007, Arlyn joined GDMPC to gain access to financial services to help improve his business and living situation. Arlyn has successfully repaid a previous loan of 50,000 PHP from GDMPC. This previous loan was used as additional capital for his business. Arlyn is requesting a new loan of 50,000 PHP, which will be used to purchase a printer to improve his Internet services.
This will be the fifth loan taken out by Arlyn from GDMPC. He plans to use the additional revenue generated from the loan to improve and expand his business.
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.