In 2004, Diosdada joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Diosdada has successfully repaid a previous loan of 50,000 PHP from GDMPC. This previous loan was used for her coconut business. Diosdada is requesting a new loan of 10,000 PHP, which will be used to repair her existing vehicle so that she can provide better service. This loan will be Diosdada's 13th loan from GDMPC. She plans to use the additional revenue to improve and expand her business.
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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.
About GDMPCGata 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.
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Success!! The loan was 100% repaid