Andresa Taucan


Status: Paying Back

$325.00   Loan Amount
67% repaid

About the Entrepreneur

Name: Andresa Taucan
Location: Plaridel, Misamis Occidental, Philippines
Activity: Pigs

About the Loan

Loan Amount: $325.00
Loan Use: To purchase livestock feed and other supplies
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 22, 2009
Date Disbursed: Apr 30, 2009
Date Funded:May 22, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.6527 PHP = 1 USD



Andresa Taucan is from the village of Clarin. She is 58 years old. Andresa is married and has two adult children. To make a living, Andresa raises livestock. The main source of income for the business comes primarily from raising pigs for sale. Andresa has been engaged in her business for more than eight years and earns approximately 2,000 PHP a month from these activities.


In 2003, Andresa joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Andresa has successfully repaid a previous loan of 15,000 PHP from PMPC. Andresa is requesting a new loan of 15000 PHP which will be used to purchase livestock feed and other supplies. This loan will be the ninth taken out by Andresa from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her 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 Andresa Taucan


Loan has been disbursed
 
Entrepreneur: Andresa Taucan
Location: Plaridel, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Andresa Taucan by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 8 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 Plaridel, Misamis Occidental, Philippines
May 23, 2009
Comment on this entry

pig raising
 
Entrepreneur: Andresa Taucan
Location: Plaridel, Misamis Occidental, Philippines

Andresa Taucan is doing fine with her pig raising activity. She continually pay her obligation at paglaum cooperative. Her Pig raising is existing so she can continue to avail loans every now and then.


Posted by Rommel Sulasula from Plaridel, Misamis Occidental, Philippines
May 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Andresa Taucan

  Expected Repayments Actual Repayments Comments
July 2009 $40.60 $42.52 Repayment Received
August 2009 $32.48 $30.62 Repayment Received
September 2009 $40.60 $40.65 Repayment Received
October 2009 $32.48 $32.37 Repayment Received
November 2009 $32.48 $32.48 Repayment Received
December 2009 $40.60 $40.60 Repayment Received
January 2010 $32.48 Available Jan 1  
February 2010 $32.48 Available Feb 1  
March 2010 $40.80 Available Mar 1