Benjamin Dominguez


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Benjamin Dominguez
Location: Aloran, Misamis Occidental, Philippines
Activity: Pigs

About the Loan

Loan Amount: $225.00
Loan Use: To purchase baby livestock to raise and sell in the future
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 17, 2009
Date Disbursed: Jun 24, 2009
Date Funded:Jul 17, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Benjamin Dominguez is from the village of Makawa, Aloran, Misamis Ocidental. He is 53 years old. Benjamin is single. To make a living, Benjamin raises pigs for sale. Benjamin has been engaged in his business for more than 10 years and earns approximately 6,000 Philippine pesos (about $125) a month for these activities.

In 2006, Benjamin joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Benjamin has successfully repaid a previous loan of 20,000 PHP from GDMPC. Benjamin is requesting a new loan of 10,000 PHP, which will be used to purchase baby livestock to raise and sell in the future. This will be the ninth loan taken out by Benjamin from GDMPC. He plans to use the additional revenue generated from the business to improve/expand his business.

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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Journal entries for Benjamin Dominguez


Loan has been disbursed
 
Entrepreneur: Benjamin Dominguez
Location: Aloran, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Benjamin Dominguez 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 Aloran, Misamis Occidental, Philippines
Jul 18, 2009
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update
 
Entrepreneur: Benjamin Dominguez
Location: Aloran, Misamis Occidental, Philippines

Through his approved loan from GATA DAKU MULTI-PURPOSE COOPERATIVE, Mr. Benjamin Dominguez was able to improved his buy and sell of piglets.


Posted by Charmielou Sanchez from Aloran, Misamis Occidental, Philippines
Aug 4, 2009
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Kiva Help Repayment Schedule for Benjamin Dominguez

  Expected Repayments Actual Repayments Comments
September 2009 $51.90 $51.91 Repayment Received
October 2009 $34.60 $34.59 Repayment Received
November 2009 $34.60 $34.60 Repayment Received
December 2009 $43.25 $103.90 Repayment Received
January 2010 $34.60 Available Jan 1 Repayment Received
February 2010 $26.05 Available Feb 1 Repayment Received