Nora Luman-ag


Status: Paying Back

$1,075.00   Loan Amount
48% repaid

About the Entrepreneur

Name: Nora Luman-ag
Location: Oroquieta City, Philippines
Activity: Agriculture

About the Loan

Loan Amount: $1,075.00
Loan Use: To pay for services to increase crop yield
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2009
Date Disbursed: May 21, 2009
Date Funded:May 27, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.0588 PHP = 1 USD



Nora Luman-ag is from the city of Mobod, Oroquieta City. She is 62-years old. Nora is married and has four adult-aged children. To make a living, Nora owns and operates copra-buying business in the agriculture sector where crops are raised. Copra comes from coconuts, and planting and harvesting coconut trees is basic to this business. Nora has been engaged in her business for over 49 years.

In 2001, Nora joined PMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. Nora is requesting a loan to pay for services to increase her crop yield. This loan will be the 14th loan taken out by Nora from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the 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.

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Laurence
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Susan
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Heather
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Al
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Daniel
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Anonymous
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Kiva Christians
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Journal entries for Nora Luman-ag


Loan has been disbursed
 
Entrepreneur: Nora Luman-ag
Location: Oroquieta City, Philippines

Thank you for your loan. It has been disbursed to Nora Luman-ag by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 11 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 Oroquieta City, Philippines
May 28, 2009
Comment on this entry

update for Nora Luman-ag
 
Entrepreneur: Nora Luman-ag
Location: Oroquieta City, Philippines

Malipayon kaayo si Nora sa paghatag kaniya sa kahigayonan nga mahimo siya nga membro sa Paglaum Coop. Pinaage niini, naapil siya sa KIVA.

Daghan siya nakopra, nakabayad siya sa iya mga utang lakip na ang gipangsweldo sa mga tawo. Ubay-ubay pud iyaha nasapi ug nakapalit siya ug mga himan sa panimalay ug nakapalit ug lamiang pagkaon nga mao ilaha gisalo-salohan sa iya pamilya.

Manghinaut siya nga dili lang kini taman diri lang. Hangtod pa sa daghang nagkinahanglan nga mga tawo nga kapos sa panalapi.


Posted by Florinda Agan from Oroquieta City, Philippines
Sep 2, 2009
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Kiva Help Repayment Schedule for Nora Luman-ag

  Expected Repayments Actual Repayments Comments
July 2009 $43.00 $43.00 Repayment Received
August 2009 $86.00 $86.00 Repayment Received
September 2009 $107.50 $107.50 Repayment Received
October 2009 $86.00 $86.00 Repayment Received
November 2009 $86.00 $107.50 Repayment Received
December 2009 $107.50 $86.00 Repayment Received
January 2010 $86.00 Available Jan 1  
February 2010 $86.00 Available Feb 1  
March 2010 $107.50 Available Mar 1  
April 2010 $86.00 Available Apr 1  
May 2010 $86.00 Available May 1  
June 2010 $107.50 Available Jun 1