Daisy Ordenizo


Status: Paying Back

$275.00   Loan Amount
84% repaid

About the Entrepreneur

Name: Daisy Ordenizo
Location: Tangub City, Philippines
Activity: General Store

About the Loan

Loan Amount: $275.00
Loan Use: To purchase additional inventory to sell.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2009
Date Disbursed: May 29, 2009
Date Funded:Jun 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3485 PHP = 1 USD



Daisy Ordenizo is from the village of Maquilao Tangub City. She is 28 years old. Daisy is married and has 2 school-aged children. To make a living, Daisy owns & operates a "sari-sari" or general store. In her store, Daisy stocks and sells daily use products such as soap, shampoo, toothpaste etc. to local community members. Daisy is just starting this business.

In 2008, Daisy joined GDMPC to gain access to financial services to help improve her living situation and to have the ability to engage in business activities. Daisy has successfully repaid a previous loan of 8000 PHP from GDMPC. Daisy is requesting a new loan of 12000 PHP which will be used to purchase additional products to sell. This loan will be the fourth loan taken out by Daisy from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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 Daisy Ordenizo


Loan has been disbursed
 
Entrepreneur: Daisy Ordenizo
Location: Tangub City, Philippines

Thank you for your loan. It has been disbursed to Daisy Ordenizo by Gata Daku Multi-purpose Cooperative in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Gata Daku Multi-purpose Cooperative will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tangub City, Philippines
Jun 16, 2009
Comment on this entry

new update
 
Entrepreneur: Daisy Ordenizo
Location: Tangub City, Philippines

she able to purchase more products to display in her store upon the release of her loan from Gata daku Multi-Purpose Cooperative and KIVa Funders through this she able to sustain the daily needs of her families.


Posted by Angie Pascual from Tangub City, Philippines
Jul 10, 2009
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Kiva Help Repayment Schedule for Daisy Ordenizo

  Expected Repayments Actual Repayments Comments
August 2009 $52.90 $52.90 Repayment Received
September 2009 $42.32 $42.32 Repayment Received
October 2009 $52.90 $52.90 Repayment Received
November 2009 $42.32 $42.32 Repayment Received
December 2009 $42.32 $42.32 Repayment Received
January 2010 $42.24 Available Jan 1