Lyn Soria


Status: Paying Back

$125.00   Loan Amount
92% repaid

About the Entrepreneur

Name: Lyn Soria
Location: Oroquieta City, Misamis Occidental, Philippines
Activity: Agriculture

About the Loan

Loan Amount: $125.00
Loan Use: to purchase additional seeds, seedlings & young crops to raise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2009
Date Disbursed: May 25, 2009
Date Funded:Jun 13, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3821 PHP = 1 USD



Lyn Soria is from the city of Oroquieta, Misamis Occidental. She is 25 years old, is married and has 2 infant-aged children. To make a living, Lyn owns & operates a vegetable business; her main source of income comes from planting & harvesting vegetables for sale. Lyn has been engaged in her business for over 2 years and earns approximately 6000 PHP a month for these activities.

In 2009, Lyn joined PMPC to gain access to financial services to help improve her living situation and run her business. Lyn is requesting a loan of 5000 PHP, which will be used to purchase additional seeds, seedlings & young crops to raise. This loan will be the 1st loan taken out by Lyn from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

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.

*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 Lyn Soria


Loan has been disbursed
 
Entrepreneur: Lyn Soria
Location: Oroquieta City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Lyn Soria by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 Oroquieta City, Misamis Occidental, Philippines
Jun 14, 2009
Comment on this entry

Lyn!
 
Entrepreneur: Lyn Soria
Location: Oroquieta City, Misamis Occidental, Philippines

I am truly grateful for the financial help from Paglaum. This enables my agriculture business to continue. Salamat Kiva!


Posted by Lysette Asombrado from Oroquieta City, Misamis Occidental, Philippines
Sep 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lyn Soria

  Expected Repayments Actual Repayments Comments
August 2009 $30.00 $30.00 Repayment Received
September 2009 $20.00 $20.00 Repayment Received
October 2009 $20.00 $20.00 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $20.00 $20.00 Repayment Received
January 2010 $10.00 Available Jan 1