Marcela is 53 years old. She is married and has five children. To make a living, Marcela runs a general store, selling a variety of food and home-use products in the local community. She has been in her business for 12 years and earns about 20,000 PHP a month. Marcela is requesting a loan of 25,000 PHP, which will be used to purchase additional products to sell like canned goods, soap, coffee, sugar, and rice. In 2009, she joined GDMPC to gain access to financial services to help improve her business and living situation. 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.