Joan Leopoldo


Status: Paying Back

$425.00   Loan Amount
60% repaid

About the Entrepreneur

Name: Joan Leopoldo
Location: Oroquieta City, Misamis Occidental, Philippines
Activity: Quarrying

About the Loan

Loan Amount: $425.00
Loan Use: To pay the salary of her workers
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 17, 2009
Date Disbursed: Mar 31, 2009
Date Funded:Apr 17, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.8446 PHP = 1 USD



Mrs. Joan Leopoldo, 23 years old, is married and lives at Villaflor, Oroquieta City. Her source of income comes from her sand and gravel business. Her husband is very supportive of her; in fact, he’s the one who oversees the business from time to time. The couple desires to have a baby someday.


The business started when Joan became a member of Paglaum Multi-purpose Cooperative in September 2005. She thought that this business would be ideal for them because they are near the river bank. Financial Assistance was provided by the cooperative. She has obtained loans several times already.


Today, Joan applies for PHP 20,000 to pay the daily wages of the workers. In the future, the couple dreams of becoming the supplier of sand and gravel to a big construction company.


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Journal entries for Joan Leopoldo


Loan has been disbursed
 
Entrepreneur: Joan Leopoldo
Location: Oroquieta City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Joan Leopoldo by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 11 months of this loan, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Oroquieta City, Misamis Occidental, Philippines
Apr 18, 2009
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Kiva Help Repayment Schedule for Joan Leopoldo

  Expected Repayments Actual Repayments Comments
June 2009 $34.00 $42.52 Repayment Received
July 2009 $34.00 $34.02 Repayment Received
August 2009 $34.00 $25.52 Repayment Received
September 2009 $42.50 $42.53 Repayment Received
October 2009 $34.00 $51.03 Repayment Received
November 2009 $34.00 $34.02 Repayment Received
December 2009 $42.50 $25.36 Repayment Received
January 2010 $34.00 Available Jan 1  
February 2010 $42.50 Available Feb 1  
March 2010 $34.00 Available Mar 1  
April 2010 $34.00 Available Apr 1  
May 2010 $25.50 Available May 1