Paulita C. is from the village of Kinangay Norte Clarin, Misamis Occidental. She is 36 years old. Paulita is widowed and has 2 school-aged children. Paulita owns & operates an agricultural business, planting & harvesting corn for sale. She has been engaged in her business for over 2 years and earns approximately 1,000 PHP a month.
In 2007, Paulita joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 10,000 PHP from GDMPC. Paulita is requesting a new loan of 20,000 PHP which will be used to purchase fertilizers such as manure. This will be her second loan from GDMPC. She plans to use the additional revenue generated 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 offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fishermen 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.