Herolyn Tolero


Status: Paying Back

$125.00   Loan Amount
85% repaid

About the Entrepreneur

Name: Herolyn Tolero
Location: Marilag, Bukidnon, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 21, 2009
Date Disbursed: Jul 8, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.9300 PHP = 1 USD



Herolyn Tolero is from the village of Marilag, Bukidnon. She is 23 years old, married, and has a school-aged child.

Herolyn owns and operates a business selling fish and vegetables in the local community. She has been engaged in her business for over two years and earns approximately 5,000 PHP a month.

In 2009, Herolyn joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used to purchase additional products to sell. This loan will be her first from HSPFI. She plans to use the additional revenue generated from the business to supplement the income of her family.


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

Subscribe

Lenders to this entrepreneur

Jessica
Helsinki,
Finland

Meade Family
Bradford, RI
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Patrick
Sherbrooke, Qc
Canada

Andrea
Trepuzzi, Lecce



Top Lending Teams for this entrepreneur


Finland
Local Area
290 Members

Austin Texas
Local Area
388 Members

Quebec
Local Area
138 Members

Journal entries for Herolyn Tolero


Loan has been disbursed
 
Entrepreneur: Herolyn Tolero
Location: Marilag, Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Herolyn Tolero 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 Marilag, Bukidnon, Philippines
Jul 22, 2009
Comment on this entry

Loan Updates
 
Entrepreneur: Herolyn Tolero
Location: Marilag, Bukidnon, Philippines

Herolyn Tolero is from the village of Marilag, Bukidnon. She is 25 years old, married with a school- aged child. While engaged in other activities to generate income, she is selling fish and vegetables in the local community.

Furthermore, she gained access to HSPFI services and was granted a loan. The money she lent from the foundation was very

helpful as she was able to invest with much higher capital.

Now, she is paying well her obligation to the foundation hoping that someday, her request for greater amount of money will still be granted to her.

Thanks to HSPFI- Kiva partnership!


Posted by Mike Dacutanan from Marilag, Bukidnon, Philippines
Aug 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Herolyn Tolero

  Expected Repayments Actual Repayments Comments
September 2009 $25.00 $25.00 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $31.25 $31.25 Repayment Received
January 2010 $18.75 Available Jan 1