Joneto, aged 30, is a married entrepreneur with one child from Mitugas, Tudela. He earns his income from his banana plantation. The business started almost five years ago and he earns 6,000 PHP a month.
To improve his business, Joneto is borrowing 10,000 PHP from GDMPC microcredit which he recently joined to purchase seeds, seedlings and young crops to raise. Before long, he’s hopeful of the possibility of expanding 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.