Wilfredo, a 35-year-old married entrepreneur with 3 children in Poblacion, Bonifacio, earns money from his private transport service business. It was started almost three years ago and he earns about 10,000 PHP a month. To improve business, he is borrowing the amount of 20,000 PHP from GDMPC micro-credit to buy accessories and tires. He just joined GDMPC in 2011. He’s hopeful of the possibility of expanding his business before long.
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.