Genedina Estrobo


Status: Paying Back

$250.00   Loan Amount
42% repaid

About the Entrepreneur

Name: Genedina Estrobo
Location: Tacangon, Mahinog Camiguin, Philippines
Activity: Manufacturing

About the Loan

Loan Amount: $250.00
Loan Use: To purchase raw materials to manufacture additional products
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 17, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 17, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.0101 PHP = 1 USD



Genedina Estrobo is from the town of Tacangon, Mahinog, Camiguin. She is 57 years old, is widowed, and has school-aged children.

Genedina owns and operates a business manufacturing and selling generally manufactured products to local businesses and community members. Genedina has been engaged in her business for over thirty years and earns approximately 12,000 PHP a month.

In 2009, Genedina joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 8,000 PHP from HSPFI.

Genedina is requesting a new loan of 11,000 PHP which will be used to purchase raw materials to manufacture additional products. This loan will be her 3rd from HSPFI. She plans to use the additional revenue generated from the business to improve and expand her business.


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 Genedina Estrobo


Loan has been disbursed
 
Entrepreneur: Genedina Estrobo
Location: Tacangon, Mahinog Camiguin, Philippines

Thank you for your loan. It has been disbursed to Genedina Estrobo 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 Tacangon, Mahinog Camiguin, Philippines
Jul 18, 2009
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Loan Update
 
Entrepreneur: Genedina Estrobo
Location: Tacangon, Mahinog Camiguin, Philippines

Mrs. Genedina Estrobo, a widow from Tacongon, Camiguin is investing her money in manufacturing.She is very grateful with the amount Kiva lent to her.With the amount she lent from the organization, she is able to support herself with her basic needs.She wants to express her warmth gratitude to the generosity Kiva has extended to her.Daghang salamat!


Posted by Ma. Soccoro Gumban from Tacangon, Mahinog Camiguin, Philippines
Aug 12, 2009
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Kiva Help Repayment Schedule for Genedina Estrobo

  Expected Repayments Actual Repayments Comments
September 2009 $25.00 $25.00 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $31.25 $31.25 Repayment Received
December 2009 $25.00 $25.00 Repayment Received
January 2010 $25.00 Available Jan 1  
February 2010 $31.25 Available Feb 1  
March 2010 $25.00 Available Mar 1  
April 2010 $25.00 Available Apr 1  
May 2010 $31.25 Available May 1  
June 2010 $6.25 Available Jun 1