Myrna Repaso


Status: Paying Back

$325.00   Loan Amount
45% repaid

About the Entrepreneur

Name: Myrna Repaso
Location: Panaon, Misamis Occidental, Philippines
Activity: Pigs

About the Loan

Loan Amount: $325.00
Loan Use: To purchase livestock feed & other supplies
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jun 29, 2009
Date Disbursed: Jun 25, 2009
Date Funded:Jun 30, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.9478 PHP = 1 USD



Myrna Repaso is from the town of Panaon. She is 56 years old. Myrna is married and has five adult children. To make a living, Myrna owns & operates a hog raising business. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Myrna has been engaged in her business for over three years and earns approximately 5000 PHP a month for these activities.

In 2000, Myrna joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Myrna has successfully repaid a previous loan from PMPC. Myrna is requesting a new loan of 14,900 PHP, which will be used to purchase livestock feed & other supplies. This loan will be the 16th loan taken out by Myrna from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


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 Myrna Repaso


Loan has been disbursed
 
Entrepreneur: Myrna Repaso
Location: Panaon, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Myrna Repaso by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 9 months of this loan, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Panaon, Misamis Occidental, Philippines
Jul 1, 2009
Comment on this entry

update for Myrna Repaso
 
Entrepreneur: Myrna Repaso
Location: Panaon, Misamis Occidental, Philippines

Myrna Repaso is a good member of Paglaum Cooperative. She has been consistent in paying her debt. She also is very happy of the progress of her pigs. The smallest pig has now grown up very fast. This is so because of the fund extended by KIVA lenders. She was able to supply the needed feeds for her pigs.

Thank you funders! God bless you all>


Posted by Florinda Agan from Panaon, Misamis Occidental, Philippines
Sep 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Myrna Repaso

  Expected Repayments Actual Repayments Comments
September 2009 $40.65 $53.02 Repayment Received
October 2009 $32.52 $20.15 Repayment Received
November 2009 $32.52 $32.52 Repayment Received
December 2009 $40.65 $40.65 Repayment Received
January 2010 $32.52 Available Jan 1  
February 2010 $32.52 Available Feb 1  
March 2010 $40.65 Available Mar 1  
April 2010 $32.52 Available Apr 1  
May 2010 $32.52 Available May 1  
June 2010 $7.93 Available Jun 1