Antonio is 60 years old and lives in Puntod, Lopez Jaena, Misamis Occidental, Philippines. He is married and has 2 adult children. To earn a living, Antonio operates a specialized retail store which sells assorted products. He has owned this business for 20 years and earns PHP 20,000 per month. But Antonio not content with this amount of income per month. He wants to add more stocks to his grocery store to increase his sales. So, he has requested a loan of PHP 50,000 from GDMPC to buy additional stocks to sell to multiply his income each month.
Antonio has been a member of GDMPC for 3 years. In the future, he wants to expand his current retail store and open a larger grocery store in the city.
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.