Maria Jorquia


Status: Paying Back

$250.00   Loan Amount
52% repaid

About the Entrepreneur

Name: Maria Jorquia
Location: Tumpagon , Cagayan De Oro City, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $250.00
Loan Use: To invest in expanding the business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 13, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 16, 2009

About the Country

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



Maria Jorquia is from the village of Tumpagon, Cagayan de Oro City. She is 53 years old. Maria is married and has four adult children. To make a living, Maria operates a business buying and selling bananas in the village. Maria is just starting this business.

In 2008, Maria joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Maria has successfully repaid a previous loan of 8000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Maria is requesting a new loan of 11000 PHP which will be used to invest in expanding the business. This will be the third loan taken out by Maria from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.

About HSPFI:

HSPFI is one of the accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.

*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, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi

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Journal entries for Maria Jorquia


Loan has been disbursed
 
Entrepreneur: Maria Jorquia
Location: Tumpagon , Cagayan De Oro City, Philippines

Thank you for your loan. It has been disbursed to Maria Jorquia by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 9 months of this loan, Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tumpagon , Cagayan De Oro City, Philippines
Jun 16, 2009
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Kiva Help Repayment Schedule for Maria Jorquia

  Expected Repayments Actual Repayments Comments
August 2009 $18.75 $18.75 Repayment Received
September 2009 $31.25 $31.25 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $31.25 $31.25 Repayment Received
January 2010 $25.00 Available Jan 1  
February 2010 $25.00 Available Feb 1  
March 2010 $31.25 Available Mar 1  
April 2010 $25.00 Available Apr 1  
May 2010 $12.50 Available May 1