A loan of $1,100 helped to invest in expanding the business.


Wilma's story

Wilma A. is from the village of Bitibut Sapang Dalaga Misamis Occidental. She is 33 years old, married and has two school-aged children. To make a living, Wilma operates a specialized retail store that sells fish in the local community. Wilma has been engaged in business for over 10 years and earns approximately 15000 PHP a month.

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 30000 PHP from GDMPC to purchase additional inventory. Wilma is requesting a new loan of 50000 PHP to expand her business. This loan will be her fourth from GDMPC. She plans to use the additional revenue generated from the business to supplement her family's income.

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About GDMPC:

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.



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