Charmalou Usman


Status: Paid Back

$150.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Charmalou Usman
Location: Dipolog City, Zamboanga Del Norte, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $150.00
Loan Use: Capital for Lechón and longganiza business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 23, 2009
Date Disbursed: Apr 24, 2009
Date Funded:May 23, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.8494 PHP = 1 USD



Mrs. Charmalou Usman has a business called "Char's Lechón Retailer and Longganiza", selling pork. She is married to Mr. Ibrahim Usman and they have been blessed with two children. Her husband is a waiter. Mrs. Charmalou is a hardworking person and a good mother to her two little princesses.


She started with meager capital until she become a member of Paglaum Multi-Purpose Cooperative on November 26, 2008. Now she plans to expand her business and she is requesting a loan of 7,000 PHP to be used for additional capital.



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Journal entries for Charmalou Usman


Loan has been disbursed
 
Entrepreneur: Charmalou Usman
Location: Dipolog City, Zamboanga Del Norte, Philippines

Thank you for your loan. It has been disbursed to Charmalou Usman 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 Dipolog City, Zamboanga Del Norte, Philippines
May 24, 2009
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let's eat letchon
 
Entrepreneur: Charmalou Usman
Location: Dipolog City, Zamboanga Del Norte, Philippines

Through the money she lent from PMPC, Charmalou is able to continue her business to earn more income for the family. she is very glad to all the people who tender their financial support to her.


Posted by Jared Gran from Dipolog City, Zamboanga Del Norte, Philippines
Jul 23, 2009
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Kiva Help Repayment Schedule for Charmalou Usman

  Expected Repayments Actual Repayments Comments
July 2009 $30.00 $30.39 Repayment Received
August 2009 $30.00 $36.47 Repayment Received
September 2009 $24.00 $18.23 Repayment Received
October 2009 $30.00 $30.39 Repayment Received
November 2009 $24.00 $22.52 Repayment Received
December 2009 $12.00 $12.00 Repayment Received