Total loan: $250
Ozamis City, Misamis Occidental, Northern Mindanao, Philippines / Retail
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A loan helped to purchase additional canned goods as well as bottled and dairy products to sell.
Lourdes is married, 55 years of age, and lives in Liposong, Ozamis City, together with her family. She is operating a general store while her husband is earning money with his hair-cutting services to earn a living. Lourdes has been in her business for years and she earns PHP 6,000 every month. She is requesting a new loan of PHP 10,000 to purchase additional canned goods as well as bottled and dairy products. After she joined Gata Daku Multi-Purpose Cooperative (GDMPC), her access to financial services was open to them and it helps address their needs for business capital. Lourdes hopes that her business will be more progressive. In the future, Lourdes will use her income to support her two children in their studies until they finish college and also support them with their daily needs.