Chinie Simbulan
Status: Paid Back
| $125.00 | Loan Request | |
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| $125.00 | Paid Back |
About the Entrepreneur
| Name: | Chinie Simbulan |
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| Location: | Lumbia, Cagayan De Oro City, Philippines |
| Activity: | Soft Drinks |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | Additional working capital. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 17, 2009 |
| Date Disbursed: | Jun 16, 2009 |
| Date Funded: | Jun 17, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) |
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| 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 |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.4497 PHP = 1 USD |
Chinie Simbulan is from the village of Lumbia, Cagayan de Oro City. She is 27 years old. Chinie is married and has 2 infant children. To make a living, Chinie owns & operates a business selling beverages including fruit juices & soft drinks in the local community. Chinie is just starting this business.
In 2009, Chinie joined HSPFI to gain access to financial services to help improve her living situation and to engage in business activities. Chinie is requesting a loan of 5000 PHP to be used as additional working capital. This will be the 1st loan taken out by Chinie from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of the family.
About HSPFI:
HSPFI is one of 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
In 2009, Chinie joined HSPFI to gain access to financial services to help improve her living situation and to engage in business activities. Chinie is requesting a loan of 5000 PHP to be used as additional working capital. This will be the 1st loan taken out by Chinie from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of the family.
About HSPFI:
HSPFI is one of 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 Chinie Simbulan
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Loan has been disbursed
Location: Lumbia, Cagayan De Oro City, Philippines
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Posted by
from Lumbia, Cagayan De Oro City, Philippines
Jun 18, 2009 |
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Loan Update
Location: Lumbia, Cagayan De Oro City, Philippines
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Posted by
Ma. Soccoro Gumban from Lumbia, Cagayan De Oro City, Philippines
Oct 14, 2009 |
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Comment on this entry
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Repayment Schedule for Chinie Simbulan
Repayment Schedule for Chinie Simbulan
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $12.50 | $12.50 |  Repayment Received
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| September 2009 | $31.25 | $31.25 | Repayment Received
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| October 2009 | $25.00 | $25.00 | Repayment Received
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| November 2009 | $31.25 | $31.25 | Repayment Received
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| December 2009 | $25.00 | $25.00 | Repayment Received
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