Francisca A. is from the village of Gala, Ozamiz City. She is 65 years old, married and has 6 adult-aged children. Francisca owns and operates a business raising crops, primarily planting and harvesting corn for sale. Francisca has been involved in her business for over 31 years and earns approximately 20,000 PHP a month from it.
In 2004, Francisca joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Francisca has successfully repaid a previous loan of 25,000 PHP from GDMPC. Francisca is requesting her 9th loan, of 30,000 PHP, which will be used to purchase additional seeds, seedlings and young crops to raise. She plans to use the additional revenue generated from the business to improve her family's general living conditions.
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.