Marilyn Calapiz


Status: Paying Back

$200.00   Loan Amount
60% repaid

About the Entrepreneur

Name: Marilyn Calapiz
Location: Gusa , Cagayan De Oro City, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $200.00
Loan Use: To invest in expanding a food business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 19, 2009
Date Disbursed: May 22, 2009
Date Funded:Jun 19, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.5791 PHP = 1 USD



Marilyn Calapiz sells chicken chicharon and other fried chicken parts in the MOGCHS school canteen. Her customers are students of the school. Fried chicken parts are very tasty and that is why her products are in great demand. Marilyn is 31 years old, married and has one school-age child. She is from the village of Gusa, Cagayan de Oro City. Marilyn has been in this business for over two years and earns approximately 5000 PHP a month.


In 2008, Marilyn joined HSPFI to gain access to financial services to help improve her living conditions and enable her to engage in business activities. She has successfully repaid a previous loan of 7000 PHP from HSPFI. This previous loan was used to to purchase raw ingredients needed to make products for sale. Marilyn is requesting a new loan of 9000 PHP which will be used to invest in expanding the business. This will be her third loan from HSPFI. She plans to use the additional revenue 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, 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


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Journal entries for Marilyn Calapiz


Loan has been disbursed
 
Entrepreneur: Marilyn Calapiz
Location: Gusa , Cagayan De Oro City, Philippines

Thank you for your loan. It has been disbursed to Marilyn Calapiz 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 Gusa , Cagayan De Oro City, Philippines
Jun 20, 2009
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Kiva Help Repayment Schedule for Marilyn Calapiz

  Expected Repayments Actual Repayments Comments
August 2009 $30.00 $30.00 Repayment Received
September 2009 $20.00 $20.00 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $20.00 $20.00 Repayment Received
December 2009 $20.00 $25.00 Repayment Received
January 2010 $25.00 Available Jan 1  
February 2010 $20.00 Available Feb 1  
March 2010 $20.00 Available Mar 1  
April 2010 $20.00 Available Apr 1