Rengie Valenzona


Status: Paying Back

$1,075.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Rengie Valenzona
Location: Dipolog City, Zamboanga Del Norte, Philippines
Activity: Computers

About the Loan

Loan Amount: $1,075.00
Loan Use: Purchase equipment.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2009
Date Disbursed: May 31, 2009
Date Funded:Jun 8, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.2477 PHP = 1 USD



Rengie Valenzona is from the city of Dipolog. She is 27 years old, married and has a school-aged child. To make a living, Rengie owns and operates a business involving computers and ink toner refilling. While not her only means for generating revenue, her main source of income is from her internet cafe. Rengie has been engaged in her business for over two years and earns approximately 20,000 PHP a month.


In 2008, Rengie joined PMPC to gain access to financial services to improve her living situation and to engage in business activities. She has successfully repaid a previous loan of 10,000 PHP from PMPC to purchase equipment to improve her business. Rengie is requesting a new loan of 50,000 PHP to purchase equipment. This loan will be her third taken from PMPC. She plans to use the additional revenue to improve and expand her business.


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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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Lenders to this entrepreneur

Tony
buckingham, Buckinghamshire
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namesuppressed
Perth, WA
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Ronan
Dallas, TX
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John
Roanoke, VA
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Ben W.
Fayetteville, AR
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Fergus and Molly
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Tim
Salt lake City, UT
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vivek
san jose, CA
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Massimo
Bruxelles,
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Fagrell
Eksjö, Hjältevad, Småland
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Mats
Stockholm,
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Ana Cristina
Münster,
Germany

Anonymous
Berkeley, CA
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Kel
Ooltewah, TN
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Nikhil
Shenzhen, Guangdong
China

Graham
London, UK
United Kingdom

Anonymous
Pittsburgh, PA
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Cheryl
Santa Clara, CA
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Ida
Oslo, Oslo
Norway

Daniel
Z,
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Wayne
Modbury Heights, South Australia
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Bona
Dublin, Leinster
Ireland

IAN
San Carlos, CA
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Soren
Koege,
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Adam
vancouver, WA
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Sergio e Daniela
Bologna, Bologna
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Ugi
Ankara,
Turkey

Cosmin
Bucuresti, ro
Romania

Robin and Drew
Shawnee, KS
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Devin
Las Vegas, NV
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Stacey
kitchener, Ontario
Canada

Kredit Engel
Schwerin,
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Dr. Patrick Mendis
Reston, VA
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Nancy
Tulsa, OK
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Marcin
Windsor, Ontario
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Melanie
Maple Glen, PA
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Jan
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Top Lending Teams for this entrepreneur


Turkey
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29 Members

Yabot
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1 Member

Kiva Team Germany
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526 Members

Romania
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35 Members

Journal entries for Rengie Valenzona


Loan has been disbursed
 
Entrepreneur: Rengie Valenzona
Location: Dipolog City, Zamboanga Del Norte, Philippines

Thank you for your loan. It has been disbursed to Rengie Valenzona by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 6 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
Jun 9, 2009
Comment on this entry

Through internet we can reach the unreachables....
 
Entrepreneur: Rengie Valenzona
Location: Dipolog City, Zamboanga Del Norte, Philippines

Thank you kiva lenders for helping our business. Through the money I loaned from PMPC, I'm now able to acquire additional sets of computers for my internet cafe'....Rengie said.


Posted by Jared Gran from Dipolog City, Zamboanga Del Norte, Philippines
Jul 31, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rengie Valenzona

  Expected Repayments Actual Repayments Comments
August 2009 $179.17 $211.54 Repayment Received
September 2009 $179.17 $146.84 Repayment Received
October 2009 $179.17 $179.18 Repayment Received
November 2009 $179.17 $179.18 Repayment Received
December 2009 $179.17 $179.11 Repayment Received
January 2010 $179.15 Available Jan 1