Luzviminda Rempos


Status: Paying Back

$225.00   Loan Amount
67% repaid

About the Entrepreneur

Name: Luzviminda Rempos
Location: Sto. Nino, Pagadian City, Zamboanga Del Sur, Philippines
Activity: Games

About the Loan

Loan Amount: $225.00
Loan Use: To expand her business.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 21, 2009
Date Disbursed: Jul 3, 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



Luzviminda Rempos is from the village of Sto.NiƱo, Pagadian City, Zamboanga Del Sur. She is fifty-two years old and married with three grown children. To make a living, Luzviminda operates an entertainment business, providing access to computer games for local community members. Luzviminda has been engaged in her business for over two years and earns approximately $260 a month from these activities.


In 2009, Luzviminda joined PMPC to gain access to financial services to help improve her living situation by engaging in business activities. She has successfully repaid a previous loan of 7,000 PHP from PMPC. That loan was used to invest in expanding her business. Luzviminda is requesting a new loan of 10,000 PHP which will again be used to expand her computer games business. This will be her third loan from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


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Journal entries for Luzviminda Rempos


Loan has been disbursed
 
Entrepreneur: Luzviminda Rempos
Location: Sto. Nino, Pagadian City, Zamboanga Del Sur, Philippines

Thank you for your loan. It has been disbursed to Luzviminda Rempos by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 Sto. Nino, Pagadian City, Zamboanga Del Sur, Philippines
Jul 22, 2009
Comment on this entry

Luzviminda Rempos
 
Entrepreneur: Luzviminda Rempos
Location: Sto. Nino, Pagadian City, Zamboanga Del Sur, Philippines

Computer games business in our village is so effective. That's why my income for the day increase. I was able to sustain our daily expenses. Thank you so much Paglaum MPC for granting me financial assistance and thank you also kiva lenders for funding our cooperative.


Posted by Carmen Alegrado from Sto. Nino, Pagadian City, Zamboanga Del Sur, Philippines
Sep 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Luzviminda Rempos

  Expected Repayments Actual Repayments Comments
September 2009 $28.14 $28.34 Repayment Received
October 2009 $37.52 $37.32 Repayment Received
November 2009 $37.52 $37.52 Repayment Received
December 2009 $46.90 $49.49 Repayment Received
January 2010 $37.52 Available Jan 1  
February 2010 $37.40 Available Feb 1