Nilda Cortes


Status: Paying Back

$550.00   Loan Amount
58% repaid

About the Entrepreneur

Name: Nilda Cortes
Location: Gango, Ozamiz City, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $550.00
Loan Use: This loan will be used for food vending
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2009
Date Disbursed: Apr 21, 2009
Date Funded:May 18, 2009

About the Country

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



Mrs. Nilda Cortes is 43 years old and married with four children. She is supported by her husband, who is a hard-working operator of a lumber planer, and by her daughter, who is already working abroad. Mrs. Cortes is a vendor of food. She started with her own capital but now her business needs a bigger amount from PMPC so she can sell more items. She applied for a loan of PHP 25,000.00.


She want to have her own residential lot with the help and financing from Kiva through Paglaum MPC.


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Journal entries for Nilda Cortes


Loan has been disbursed
 
Entrepreneur: Nilda Cortes
Location: Gango, Ozamiz City, Philippines

Thank you for your loan. It has been disbursed to Nilda Cortes by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 10 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 Gango, Ozamiz City, Philippines
May 19, 2009
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Kiva Help Repayment Schedule for Nilda Cortes

  Expected Repayments Actual Repayments Comments
July 2009 $68.76 $68.76 Repayment Received
August 2009 $45.84 $45.87 Repayment Received
September 2009 $57.30 $57.27 Repayment Received
October 2009 $45.84 $45.84 Repayment Received
November 2009 $45.84 $45.84 Repayment Received
December 2009 $57.30 $57.30 Repayment Received
January 2010 $45.84 Available Jan 1  
February 2010 $45.84 Available Feb 1  
March 2010 $57.30 Available Mar 1  
April 2010 $45.84 Available Apr 1  
May 2010 $34.30 Available May 1