Pedirama Bete


Status: Paying Back

$125.00   Loan Amount
61% repaid

About the Entrepreneur

Name: Pedirama Bete
Location: Ozamis City, Misamis Occidental, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: Business Capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 16, 2009
Date Disbursed: Jul 10, 2009
Date Funded:Jul 17, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1760 PHP = 1 USD



Pedirama Bete, 34, is from the village of Gango, Ozamiz City, Misamis Occidental. She is married and has 4 school-aged children. To make a living, Pedirama owns and operates a business venture in the retail sector running a general store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling daily use products in the local community. Pedirama has been engaged in her business for over 1 year and earns ~1,000 PHP a month.

In 2008, Pedirama joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Pedirama has successfully repaid a previous loan of 5,000 PHP from GDMPC. Pedirama is requesting a new loan of 6,000 PHP as business capital. This will be her fourth loan taken from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks and small entrepreneurs.

*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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Lenders to this entrepreneur

janny
Oakland, CA
United States

PAUL
Hopkins, MN
United States

Gary
Mudgee, New South Wales
Australia

Darren
San Francisco, CA
United States

Greg
Victoria
Australia



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Philippines
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Journal entries for Pedirama Bete


Loan has been disbursed
 
Entrepreneur: Pedirama Bete
Location: Ozamis City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Pedirama Bete by Gata Daku Multi-purpose Cooperative in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Gata Daku Multi-purpose Cooperative will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ozamis City, Misamis Occidental, Philippines
Jul 18, 2009
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Kiva Help Repayment Schedule for Pedirama Bete

  Expected Repayments Actual Repayments Comments
September 2009 $14.43 $15.62 Repayment Received
October 2009 $24.05 $26.04 Repayment Received
November 2009 $19.24 $16.06 Repayment Received
December 2009 $19.24 $19.24 Repayment Received
January 2010 $24.05 Available Jan 1  
February 2010 $19.24 Available Feb 1  
March 2010 $4.75 Available Mar 1