Allen, 43 years old, is a single entrepreneur from Magcamiguing, Calamba. He is earning from his transport service business. It started almost two years ago, and he now earns 6,000 PHP (Philippines pesos) a month.
To improve business, Allen is borrowing the amount of 20,000 PHP from GDMPC microcredit, which he just joined recently, to obtain accessories and tires. 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.