Dante Pigalan
Status: Paid Back
| $125.00 | Loan Request | |
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| $125.00 | Paid Back |
About the Entrepreneur
| Name: | Dante Pigalan |
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| Location: | Clarin,missamis Occidental, Philippines |
| Activity: | Retail |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | To purchase additional products to sell |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 21, 2009 |
| Date Disbursed: | Apr 24, 2009 |
| Date Funded: | May 22, 2009 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Paglaum Multi-Purpose Cooperative (PMPC) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2624 |
| Total Loans: | $662,300 |
| Delinquency Rate: | 0.37% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.1476 PHP = 1 USD |
Dante Pigalan is from the town of Clarin, Misamis Occidental. He is 60 years old. Dante is married and has three adult children. To make a living, Dante owns & operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling wood & wood-related products in the local community. Dante has been engaged in his business for over four years and earns approximately 6000 PHP a month.
In April 2009, Dante joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Dante is requesting a new loan of 5000 PHP which will be used to purchase additional products to sell. This loan will be the first loan taken out by Dante from PMPC. He plans to use the additional revenue generated from the business to financially support immediate members of his family.
About PMPC:
Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
In April 2009, Dante joined PMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Dante is requesting a new loan of 5000 PHP which will be used to purchase additional products to sell. This loan will be the first loan taken out by Dante from PMPC. He plans to use the additional revenue generated from the business to financially support immediate members of his family.
About PMPC:
Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
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Journal entries for Dante Pigalan
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Loan has been disbursed
Location: Clarin,missamis Occidental, Philippines
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Posted by
from Clarin,missamis Occidental, Philippines
May 23, 2009 |
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Comment on this entry
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pigalan,dante luc
Location: Clarin,missamis Occidental, Philippines
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Posted by
Annabelle Namocatcat from Clarin,missamis Occidental, Philippines
Jun 3, 2009 |
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Comment on this entry
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Repayment Schedule for Dante Pigalan
Repayment Schedule for Dante Pigalan
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $31.25 | $31.25 |  Repayment Received
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| August 2009 | $31.25 | $31.25 | Repayment Received
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| September 2009 | $25.00 | $25.00 | Repayment Received
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| October 2009 | $31.25 | $31.25 | Repayment Received
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| November 2009 | $6.25 | $6.25 | Repayment Received
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