Wilma Macas


Status: Paid Back

$125.00   Loan Request
$125.00   Paid Back

About the Entrepreneur

Name: Wilma Macas
Location: La Union, San Isidro, Medina Misamis Oriental, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jun 23, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4966 PHP = 1 USD



Wilma Macas is from the town of La Union, San Isidro, Medina, Misamis Oriental. She is 38 years old. Wilma is married and has three small children. To make a living, Wilma owns and operates a sari-sari (variety) retail shop, where she sells a variety of different products to the local community. Wilma is just starting this business.

In 2009, Wilma joined HSPFI, a Kiva partner, to gain access to financial services to help improve her living situation and ability to engage in business activities. Wilma is requesting a new loan of 5,000 PHP which will be used to purchase additional products to sell. This will be the first loan taken out by Wilma from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.

About HSPFI:

HSPFI is an accredited partner 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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Lenders to this entrepreneur

Kenneth Tin-Kin Hung
Brooklyn, NY
United States

John
Austin, TX
United States

Clive
Strachur Scotland, argyll & Bute
United Kingdom



Journal entries for Wilma Macas


Loan has been disbursed
 
Entrepreneur: Wilma Macas
Location: La Union, San Isidro, Medina Misamis Oriental, Philippines

Thank you for your loan. It has been disbursed to Wilma Macas by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 4 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 La Union, San Isidro, Medina Misamis Oriental, Philippines
Jun 24, 2009
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Kiva Help Repayment Schedule for Wilma Macas

  Expected Repayments Actual Repayments Comments
August 2009 $12.50 $12.50 Repayment Received
September 2009 $25.00 $25.00 Repayment Received
October 2009 $31.25 $31.25 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $25.00 $31.25 Repayment Received
January 2010 $6.25 Available Jan 1 Repayment Received