FROM CURIOSITY TO LIVESTOCK BUSINESS OWNER
The Story of Chona G. Magtuba of Davao Oriental Market Multipurpose Cooperative
In the bustling markets of Davao City, Chona G. Magtuba, a 47-year-old mother of four, navigates the familiar crowd with a confident stride. A member of the Davao Oriental Market Multipurpose Cooperative (DOMMUPCO) for a decade now, Chona’s journey with the co-op began with a simple question – a curiosity sparked by her friend’s frequent cash purchases of dressed chicken. It was this curiosity that led Chona to the doors of DOMMUPCO, and into a world of opportunity.
DOMMUPCO became more than just a source of fresh chicken for Chona. It transformed into a springboard for her own ambitions. With the support of the co-op, she wasn’t just buying chickens, she was acquiring the tools to become a business owner herself. Their guidance and financial programs empowered Chona to take a significant leap — the purchase of a 1.2-hectare livestock farm.
This wasn’t the end of her growth, however. Fueled by her determination and the co-op’s loan program, Chona expanded her reach by opening two stalls in the public market.
Chona isn’t just a successful entrepreneur; she’s a testament to the power of co-operative principles. She religiously participates in the co-op’s daily savings program, a habit that has instilled a culture of saving within her family.
This dedication to saving has gone hand-in-hand with her smart utilization of the co-op’s loan program, allowing her to strategically invest back into her business and increase her share capital in DOMMUPCO.
Chona’s story is an inspiration for many in Davao City. It is a narrative woven with threads of curiosity, determination, and support of a co-operative community.
As Chona looks towards the future, one thing is certain: her journey with DOMMUPCO has only just begun. Together, they will continue to write a story of success anchored on the power of collective action and shared dreams.