To earn a living, Caridad operates a fishing business. Caridad explains that she has been engaged in this business for ten years and that she typically earns approximately 5,000 PHP per month from these activities.
In 2009, Caridad joined GDMPC to gain much-needed access to financial services. Caridad is now requesting a loan in the amount of 10,000 PHP, which will be used to purchase additional fishing equipment such as hooks and nets. She plans to use the additional revenue generated from the business as a result of the loan to further improve her family's general living conditions.
About GDMPCGata 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.
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Success!! The loan was 100% repaid