Esther P. is from the village of Dimalco, Bonifacio Misamis Occidental. She is 63 years old. Esther is widowed and has two adult children. To make a living, Esther owns and operates a retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily-use products and soft drinks in the local community. Esther has been engaged in her business for more than six years and earns approximately 3,200 PHP a month for these activities.
In 2008, Esther joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business. Esther has successfully repaid a previous loan of 7,000 PHP from GDMPC. Esther is requesting a new loan of 8,000 PHP which will be used to purchase additional products to sell. This loan will be the third loan taken out by Esther from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
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.