Wilma C. is from the village of Tiaman, Bonifacio Misamis Occidental. She is 40 years old and married with three adult children. To make a living, Wilma owns and operates a "sari sari store", selling a variety of products such as sugar, canned goods, soap and toothpaste to local community members. Wilma has been engaged in her business for over five years and earns approximately $75 a month from this activity.
In 2008, Wilma joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Wilma has successfully repaid a previous loan of 5,000 PHP from GDMPC. Wilma is requesting a new loan of 6,000 PHP which will be used to purchase additional products to sell. This will be her 2nd loan from GDMPC. She plans to use the additional revenue to expand her business.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
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.