Luzminda Tenorio


Status: Paying Back

$425.00   Loan Amount
48% repaid

About the Entrepreneur

Name: Luzminda Tenorio
Location: Baliangao, Mis. Occ., Philippines
Activity: Food

About the Loan

Loan Amount: $425.00
Loan Use: Purchase of a freezer for a sales business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 29, 2009
Date Disbursed: May 12, 2009
Date Funded:May 29, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.2925 PHP = 1 USD



Luzminda Tenorio is 38 years old and lives in Balasdio. She has one child who is not yet old enough to attend school. To earn income, Luzminda runs a general store, selling a variety of food products to the local community. She started the business almost 20 years ago and earns about 10,000 pesos per month. Presently, Luzminda needs a loan of 20,000 pesos to be able to purchase of a new freezer. She hopes that the purchase will help expand the sales business and generate additional income, so that she can afford sending her child to a college.

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Journal entries for Luzminda Tenorio


Loan has been disbursed
 
Entrepreneur: Luzminda Tenorio
Location: Baliangao, Mis. Occ., Philippines

Thank you for your loan. It has been disbursed to Luzminda Tenorio 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 Baliangao, Mis. Occ., Philippines
May 30, 2009
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updates of her business
 
Entrepreneur: Luzminda Tenorio
Location: Baliangao, Mis. Occ., Philippines

Mrs. Luzminda Tenorio, malipayon pag-ayo kay siya naa nay freezer. Nisamot na nidaghan iyang customers. Og siya nalipay og samot jud. namaligya siya dugang og ice candy, ice, ice water., etc. Maong dako niyang pasalamat sa Paglaum-MPC og KIVA supporters.


Posted by Jessie Joguilon from Baliangao, Mis. Occ., Philippines
Sep 6, 2009
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Kiva Help Repayment Schedule for Luzminda Tenorio

  Expected Repayments Actual Repayments Comments
July 2009 $8.50 $18.22 Repayment Received
August 2009 $34.00 $33.76 Repayment Received
September 2009 $42.50 $42.99 Repayment Received
October 2009 $34.00 $42.16 Repayment Received
November 2009 $34.00 $15.87 Repayment Received
December 2009 $42.50 $52.39 Repayment Received
January 2010 $34.00 Available Jan 1  
February 2010 $34.00 Available Feb 1  
March 2010 $42.50 Available Mar 1  
April 2010 $34.00 Available Apr 1  
May 2010 $34.00 Available May 1  
June 2010 $42.50 Available Jun 1  
July 2010 $8.50 Available Jul 1