Merlinda Boyatac
Status: Paying Back
| $250.00 | Loan Amount |
|---|
52% repaid
About the Entrepreneur
| Name: | Merlinda Boyatac |
|---|---|
| Location: | Zone 1, Tagpangi, Cagayan De Oro City, Philippines |
| Activity: | General Store |
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 15, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 16, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 9 months |
| Kiva Entrepreneurs: | 1856 |
| Total Loans: | $316,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.3821 PHP = 1 USD |
Merlinda Boyatac is from the village of Zone 1, Tagpangi, Cagayan de Oro City. She is 42 years old, is married, and has four school-aged children.
Merlinda owns and operates a specialized retail store, selling a variety of goods in the local community such as pre-packed dairy products, snack foods and candies. She also sells daily use products such as shampoo, soap and toothpaste. Merlinda has been engaged in her business for over three years and earns approximately 6,000 PHP a month.
In 2008, Merlinda joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 8,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell.
Merlinda is requesting a new loan of 11,000 PHP which will be used to invest in expanding her business. This loan will be her 3rd from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family and to pay for 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, 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.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
Merlinda owns and operates a specialized retail store, selling a variety of goods in the local community such as pre-packed dairy products, snack foods and candies. She also sells daily use products such as shampoo, soap and toothpaste. Merlinda has been engaged in her business for over three years and earns approximately 6,000 PHP a month.
In 2008, Merlinda joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 8,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell.
Merlinda is requesting a new loan of 11,000 PHP which will be used to invest in expanding her business. This loan will be her 3rd from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family and to pay for 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, 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.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
Subscribe
Lenders to this entrepreneur
Laurent D
Brussels,
Belgium
Sue
Topanga, CA
United States
festival
Montreal, Quebec
Canada
Good Dogg
Front Porch, www.kivafriends.org
United States
Deanna
Victoria, British Columbia
Canada
Simon
Edmonton, Alberta
Canada
Sue
Kobe,
Japan
Samuel
vancouver, bc
Canada
Vorderbrug Family
Hodag Territory, WI
United States
TCH Voyages
cergy St Christophe Cedex,
France
Top Lending Teams for this entrepreneur
Journal entries for Merlinda Boyatac
|
Loan has been disbursed
Location: Zone 1, Tagpangi, Cagayan De Oro City, Philippines
|
|
|
Posted by
from Zone 1, Tagpangi, Cagayan De Oro City, Philippines
Jun 16, 2009 |
|
|
Comment on this entry
|
|
Repayment Schedule for Merlinda Boyatac
Repayment Schedule for Merlinda Boyatac
| 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 | |||
| 
