Gemma Jerusalem


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Gemma Jerusalem
Location: Aloran, Misamis Occidental, Philippines
Activity: Bakery

About the Loan

Loan Amount: $425.00
Loan Use: To buy ingredients for cookie and bread making
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: Apr 28, 2009
Date Funded:May 10, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3355 PHP = 1 USD



Mrs. Gemma Jerusalem is 37 years old, is married, and lives in Tuburan, Aloran, Misamis Occidental. She is blessed with 4 children. Her husband is a private employee. Some of her children are in college already. She says, "If we only depend on the salary of my husband, it is not enough to support our daily needs.” She feels the difficulty of sending their children to school. And so Gemma thought of an economic project that would generate additional income.



Cooking is her favorite household chore. That’s how she got the idea of selling cookies and bread. In October 2008, she joined Paglaum Multi Purpose Cooperative for a chance to take a loan. She’s happy that the cooperative has extended their services to the needy members. From then on, she gained more customers and generated daily income. Today, she is applying for PHP 20,000 for additional capital for her cookie- and bread-making business. Seeing all her children succeed in life is her greatest achievement.


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Journal entries for Gemma Jerusalem


Loan has been disbursed
 
Entrepreneur: Gemma Jerusalem
Location: Aloran, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Gemma Jerusalem 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 Aloran, Misamis Occidental, Philippines
May 11, 2009
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Kiva Help Repayment Schedule for Gemma Jerusalem

  Expected Repayments Actual Repayments Comments
July 2009 $34.00 $42.50 Repayment Received
August 2009 $42.50 $34.00 Repayment Received
September 2009 $34.00 $34.00 Repayment Received
October 2009 $34.00 $41.11 Repayment Received
November 2009 $42.50 $39.64 Repayment Received
December 2009 $34.00 $233.75 Repayment Received
January 2010 $34.00 Available Jan 1 Repayment Received
February 2010 $42.50 Available Feb 1 Repayment Received
March 2010 $34.00 Available Mar 1 Repayment Received
April 2010 $34.00 Available Apr 1 Repayment Received
May 2010 $42.50 Available May 1 Repayment Received
June 2010 $17.00 Available Jun 1 Repayment Received