Elena is from Bagakay, Ozamis City. She is 45 years old. Elena is a widow and has four children.
To make a living, Elena is running a general store, selling a variety of food and home use products in the local community. Elena has been in her business for three years and earns 8,000 PHP a month for these activities.
Elena is requesting a loan of 14,200 PHP, which will be used to purchase new items to expand her product offering.
In 2008, Elena joined GDMPC. She plans to use the additional revenue generated from the loan to save as 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.