Teresita Razonado


Status: Paying Back

$225.00   Loan Amount
58% repaid

About the Entrepreneur

Name: Teresita Razonado
Location: Mitacas, Baliangao Misamis Occidental, Philippines
Activity: Animal Sales

About the Loan

Loan Amount: $225.00
Loan Use: Additional capital for purchasing feeds
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2009
Date Disbursed: May 19, 2009
Date Funded:Jun 15, 2009

About the Country

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



Mrs.Teresita Razonado has been a member of Paglaum Multi-Purpose Cooperative, a Kiva partner, since December 19, 2006. She is 37 and blessed with two children who are in school. Teresita raises livestock. She has been engaged in this kind of business for more than five years and earns 2,000.00 PHP monthly. Recently, she sought her fourth loan, in the amount of 10,000.00 PHP, for the purpose of hog fattening. Teresita is planning to expand her business.

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 Teresita Razonado


Loan has been disbursed
 
Entrepreneur: Teresita Razonado
Location: Mitacas, Baliangao Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Teresita Razonado 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 Mitacas, Baliangao Misamis Occidental, Philippines
Jun 16, 2009
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Kiva Help Repayment Schedule for Teresita Razonado

  Expected Repayments Actual Repayments Comments
August 2009 $22.48 $35.08 Repayment Received
September 2009 $28.10 $22.50 Repayment Received
October 2009 $22.48 $28.12 Repayment Received
November 2009 $28.10 $22.50 Repayment Received
December 2009 $22.48 $22.50 Repayment Received
January 2010 $22.48 Available Jan 1  
February 2010 $28.10 Available Feb 1  
March 2010 $22.48 Available Mar 1  
April 2010 $22.48 Available Apr 1  
May 2010 $5.82 Available May 1