Jerry is 34 years old, married, and has three children. He lives in Taguitic, Lanao del Sur, Philippines. Jerry owns and operates a general store, selling a variety of different products to earn a living. He has been in this business for two years. Each month, he earns 5,000 PHP doing this work.
He requested a loan of 15,000 PHP to purchase additional products to sell. Jerry has been a member of GDMPC for a year. In the future, Jerry wants to save money so that he has a reserve for future emergencies.
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.