A loan of $125 helped to purchase some small phone parts for his cell phone repair business.


Federico's story

Federico is a 25-year-old, single man from Ozamis City, Misamis Occidental. He owns and manages a cell phone repair shop in the local community. He's been with his business for one year and earns PHP 1,700 each month. He is a first-time member of the Gata Daku Multi-Purpose Cooperative (GDMPC). Federico requested a loan of PHP 5,000 to purchase some small phone parts. He plans to use the additional revenue generated from the loan to save as a reserve for future emergencies.



Loan details


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Loan details