Florence Mejorada


Status: Paying Back

$225.00   Loan Amount
57% repaid

About the Entrepreneur

Name: Florence Mejorada
Location: Baliangao, Mis. Occ., Philippines
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $225.00
Loan Use: To purchase materials for house repairs
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 31, 2009
Date Disbursed: May 5, 2009
Date Funded:May 31, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1143 PHP = 1 USD



Florence is a native from Cabgan, a small village situated across the island. Their place is an Island that separates from the mother barrio named Punta Miray, Baliangao, Mis. Occ. The member has to ride with a motorized pumpboat for at least 5 to 10 minutes to attend a weekly center meeting in Punta Miray.


Florence is married with 6 children. Most of the children are still school age. She has availed herself of her 10th loan cycle worth 10,000 pesos for the repairs of their existing house. Their main source of income is from fishing.

Mrs. Mejorada, as shown in the picture, is seated in the middle with their house that has been in the process of repairs now. She hopes that they can always have a good catch so they can cope with their obligations with Paglaum.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more


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101 Cookbooks
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Journal entries for Florence Mejorada


Loan has been disbursed
 
Entrepreneur: Florence Mejorada
Location: Baliangao, Mis. Occ., Philippines

Thank you for your loan. It has been disbursed to Florence Mejorada by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 9 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
Jun 1, 2009
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Kiva Help Repayment Schedule for Florence Mejorada

  Expected Repayments Actual Repayments Comments
August 2009 $33.72 $46.35 Repayment Received
September 2009 $22.48 $16.88 Repayment Received
October 2009 $28.10 $21.07 Repayment Received
November 2009 $22.48 $22.48 Repayment Received
December 2009 $22.48 $22.48 Repayment Received
January 2010 $28.10 Available Jan 1  
February 2010 $22.48 Available Feb 1  
March 2010 $22.48 Available Mar 1  
April 2010 $22.68 Available Apr 1