Ermilinda Caroro
Status: Paid Back
| $175.00 | Loan Request | |
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| $175.00 | Paid Back |
About the Entrepreneur
| Name: | Ermilinda Caroro |
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| Location: | Unidos, Plaridel, Misamis Occidental, Philippines |
| Activity: | Construction |
About the Loan
| Loan Amount: | $175.00 |
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| Loan Use: | To use as working capital and purchase additional inventory. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 23, 2009 |
| Date Disbursed: | Apr 30, 2009 |
| Date Funded: | May 23, 2009 |
| Loan Ended: | Nov 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: | 46.6527 PHP = 1 USD |
Ermilinda Caroro is from the village of Unidos. She is 41 years old and married with three school-aged children. To make a living, Ermilinda owns and operates a business providing construction services to local community members. She has just started this business.
Ermilinda joined PMPC in 2008 to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from PMPC. She is requesting a new loan of 7000 PHP, which will be used as working capital and to purchase additional inventory. This will be the second PMPC loan. She plans to use the additional revenue generated from the business to improve her general living conditions.
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 Ermilinda Caroro
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Loan has been disbursed
Location: Unidos, Plaridel, Misamis Occidental, Philippines
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Posted by
from Unidos, Plaridel, Misamis Occidental, Philippines
May 24, 2009 |
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Ermilinda!
Location: Unidos, Plaridel, Misamis Occidental, Philippines
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Posted by
Lysette Asombrado from Unidos, Plaridel, Misamis Occidental, Philippines
Sep 23, 2009 |
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Comment on this entry
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Repayment Schedule for Ermilinda Caroro
Repayment Schedule for Ermilinda Caroro
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $36.45 | $36.45 |  Repayment Received
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| August 2009 | $29.16 | $29.16 | Repayment Received
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| September 2009 | $36.45 | $36.45 | Repayment Received
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| October 2009 | $29.16 | $29.16 | Repayment Received
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| November 2009 | $29.16 | $29.16 | Repayment Received
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| December 2009 | $14.62 | $14.62 | Repayment Received
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