Gemma Oliverio


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Gemma Oliverio
Location: P4 Bañadero, Ozamiz City, Philippines
Activity: Restaurant

About the Loan

Loan Amount: $425.00
Loan Use: To obtain additional capital for her eatery business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 9, 2009
Date Disbursed: Apr 17, 2009
Date Funded:May 10, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.4158 PHP = 1 USD



In this picture, the one with a great big smile is Mrs. Gemma Oliverio, 43 years of age, who is married to Ernesto Oliverio (right) and a resident of P4 Bañadero, Ozamiz City. The couple runs a restaurant business. They are blessed with twin daughters who are currently studying at public school.


The couple decided to engage in the eatery business a period of years ago because they were living near a college in the area. They also accept boarders and cater events to earn an additional income. Other income comes from their corn garden and vegetable garden in their little farmland. Through these endeavors, the couple has been able to purchase personal properties, like a motorcycle and appliances for the home.


As an active member in good standing of Paglaum, Gemma enjoys the benefits of savings and insurance, and she has been able to receive many loans. Now she is applying for P20,000.00 as additional capital for her eatery business. She is hoping that she and her husband can give their children a better education, as well as to become a successful entrepreneur herself.


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Lenders to this entrepreneur

Ian
Oceanside, CA
United States

Ronan
Dallas, TX
United States

Leopold
St.Peter/Au,
Austria

Anonymous

Anonymous
fremont, CA
United States

SYP
Brea, California
United States

adrian
WILTON MANORS, FL
United States

Susanne und Roland
Bern,
Switzerland



Top Lending Teams for this entrepreneur


Philippines
Local Area
129 Members

Vassar College
Alumni Groups
8 Members

Journal entries for Gemma Oliverio


Loan has been disbursed
 
Entrepreneur: Gemma Oliverio
Location: P4 Bañadero, Ozamiz City, Philippines

Thank you for your loan. It has been disbursed to Gemma Oliverio by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 P4 Bañadero, Ozamiz City, Philippines
May 11, 2009
Comment on this entry

Gemma!
 
Entrepreneur: Gemma Oliverio
Location: P4 Bañadero, Ozamiz City, Philippines

Family is helping one another in our restaurant business. Salamat Paglaum and Kiva for financing our business.


Posted by Lysette Asombrado from P4 Bañadero, Ozamiz City, Philippines
Sep 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Gemma Oliverio

  Expected Repayments Actual Repayments Comments
July 2009 $106.26 $106.26 Repayment Received
August 2009 $70.84 $70.84 Repayment Received
September 2009 $70.84 $247.90 Repayment Received
October 2009 $70.84 $0.00 Repayment Received
November 2009 $70.84 $0.00 Repayment Received
December 2009 $35.38 Available Dec 1 Repayment Received