Violeta S. is from the city of Rstand Village, Ozamiz City. She is 58 years old. Violeta is married and has 2 school-aged children. To make a living, Violeta owns & operates a business venture making & selling breads, cakes and cookies to the local community. Violeta has been engaged in her business for over 3 years and earns approximately 8000 PHP a month for these activities.
In 2008, Violeta joined GDMPC to gain access to financial services to help improve her living situation and to engage in business activities. Violeta is requesting a new loan of 30000 PHP, which will be used to purchase raw ingredients needed to make the products that she sells. This will be the seventh loan taken out by Violeta 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. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks and small entrepreneurs.
*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.