Surigao del Sur farmers grow small consumer store into a thriving money lending business
A farmers’ cooperative in Surigao del Sur is gaining popularity for successfully growing and slowly transforming itself into a microfinance lending institution. A DAR-assisted farmers’ organization, the Ugoban Multipurpose Cooperative (UMPC), started with a capital of P1,500, which was the contribution of its 15 original members. Today, it has a…
Source: businessmirror.com.ph