Dolores, a 53-year-old, married mother of four children, is from Santa Cruz, Tangub City. There, she has been operating a general retail store, selling a variety of food and non-food products, for the past 10 years. She earns 3,000 PHP a month.
In 2009, Dolores joined GDMPC to gain access to financial services. She expected such services to help improve her living situation and ability to engage in business activities. Now she is requesting a new loan of 7,500 PHP to buy more items to resell, such as eggs, noodles, shampoo, soap and toothpaste. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
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.