Germelyn Bunao
Status: Paying Back
| $125.00 | Loan Amount |
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77% repaid
About the Entrepreneur
| Name: | Germelyn Bunao |
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| Location: | Plaridel, Misamis Occidental, Philippines |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | To purchase additional products to sell. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 16, 2009 |
| Date Disbursed: | Jun 10, 2009 |
| Date Funded: | Jun 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Paglaum Multi-Purpose Cooperative (PMPC) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2624 |
| Total Loans: | $662,300 |
| Delinquency Rate: | 0.37% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.3821 PHP = 1 USD |
Germelyn Bunao is from the town of Plaridel. She is 39 years old. Germelyn is married and has 2 school-aged children. To make a living, Germelyn owns & operates a food stall. She sells snacks & other delicacies in the local community. She has been engaged in her business for over 5 years and earns approximately 2,000 PHP a month for these activities.
In 2009, Germelyn joined PMPC to gain access to financial services to help improve her living situation and to engage in business activities. Germelyn is requesting a loan of 5000 PHP to be used to purchase additional products to sell. This will be the 1st loan taken out by Germelyn from PMPC. She plans to use the additional revenue generated to improve and 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.
In 2009, Germelyn joined PMPC to gain access to financial services to help improve her living situation and to engage in business activities. Germelyn is requesting a loan of 5000 PHP to be used to purchase additional products to sell. This will be the 1st loan taken out by Germelyn from PMPC. She plans to use the additional revenue generated to improve and 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 Germelyn Bunao
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Loan has been disbursed
Location: Plaridel, Misamis Occidental, Philippines
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Posted by
from Plaridel, Misamis Occidental, Philippines
Jun 17, 2009 |
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Comment on this entry
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Germelyn Bunao
Location: Plaridel, Misamis Occidental, Philippines
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Posted by
Carmen Alegrado from Plaridel, Misamis Occidental, Philippines
Sep 25, 2009 |
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Comment on this entry
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Repayment Schedule for Germelyn Bunao
Repayment Schedule for Germelyn Bunao
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $13.89 | $15.00 |  Repayment Received
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| September 2009 | $23.15 | $22.04 | Repayment Received
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| October 2009 | $18.52 | $18.52 | Repayment Received
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| November 2009 | $18.52 | $24.44 | Repayment Received
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| December 2009 | $23.15 | $17.23 | Repayment Received
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| January 2010 | $18.52 | Available Jan 1 | |||
| February 2010 | $9.26 | Available Feb 1 | |||
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