Laurente is from the village of Gata Daku, Clarin, Misamis Occidental. He is 43 years old. Laurente is married and has four school-aged children.
To make a living, Laurente owns and operates a motorcycle transport service. Laurente has been engaged in his business for over one year and earns approximately 12,000 PHP a month for these activities.
Laurente is requesting a loan of 45,000 PHP which will be used to purchase an additional motorcycle.
In 2004, Laurente joined GDMPC to gain access to financial services to help improve his business and living situation. He plans to use the additional revenue generated from the loan to improve and expand his business.
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.