Nancy Cuaresama
Status: Paying Back
| $550.00 | Loan Amount |
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83% repaid
About the Entrepreneur
| Name: | Nancy Cuaresama |
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| Location: | Clarin Misamis Occidental, Philippines |
| Activity: | Poultry |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | To invest in expanding her business |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 27, 2009 |
| Date Disbursed: | May 19, 2009 |
| Date Funded: | May 27, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Gata Daku Multi-purpose Cooperative (GDMPC) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 6 months |
| Kiva Entrepreneurs: | 988 |
| Total Loans: | $194,100 |
| Delinquency Rate: | 1.60% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.0588 PHP = 1 USD |
Nancy Cuaresama is from the village of Gata Diot, Clarin Misamis Occidental. She is 50 years old, married, and has nine adult children.
Nancy owns and operates a business raising chickens for sale. She has been engaged in her business for over seven years and earns approximately 20,000 PHP a month for these activities.
In 2007, Nancy joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from GDMPC.
Nancy is requesting a new loan of 25,000 PHP which will be used to invest in expanding her business. This loan will be her 14th loan from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business and to pay for her family's basic needs.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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.
Nancy owns and operates a business raising chickens for sale. She has been engaged in her business for over seven years and earns approximately 20,000 PHP a month for these activities.
In 2007, Nancy joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from GDMPC.
Nancy is requesting a new loan of 25,000 PHP which will be used to invest in expanding her business. This loan will be her 14th loan from GDMPC. She plans to use the additional revenue generated from the business to improve and expand her business and to pay for her family's basic needs.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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 Nancy Cuaresama
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Loan has been disbursed
Location: Clarin Misamis Occidental, Philippines
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Posted by
from Clarin Misamis Occidental, Philippines
May 28, 2009 |
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Comment on this entry
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new update
Location: Clarin Misamis Occidental, Philippines
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Posted by
Angie Pascual from Clarin Misamis Occidental, Philippines
Jul 24, 2009 |
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Comment on this entry
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Repayment Schedule for Nancy Cuaresama
Repayment Schedule for Nancy Cuaresama
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $91.67 | $91.67 |  Repayment Received
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| September 2009 | $91.67 | $111.15 | Repayment Received
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| October 2009 | $91.67 | $72.19 | Repayment Received
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| November 2009 | $91.67 | $91.67 | Repayment Received
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| December 2009 | $91.67 | $91.67 | Repayment Received
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| January 2010 | $91.65 | Available Jan 1 | |||
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