Diomema Grijaldo


Status: Paying Back

$375.00   Loan Amount
65% repaid

About the Entrepreneur

Name: Diomema Grijaldo
Location: Hinigaran, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $375.00
Loan Use: Additional Working Capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 24, 2009
Date Disbursed: Jul 16, 2009
Date Funded:Jul 25, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1410 PHP = 1 USD



Diomema Grijaldo is 50 years old, married with 5 adult children and lives in Sitio Tinago, Brgy. Anahaw, Hinigaran, Negros Occidental.

She and her husband have a small fish pen that catches shrimp and other freshwater fishes, and a small oyster farm. She and her husband started this small business 29 years ago, and it has been the main source of income for their family. Her husband augments their family income by hiring out their family owned tricycle, a motorcycle with a sidecar attachment, to shuttle passengers around the town especially when demand for Oysters is low. At present their gross family income is around PHP12,800 or approximately $275/month.

The fish pen and the oyster farm has sustained her family over the years. Now one of her daughters is a teacher in a private high school, which helps, but she needs the loan of PHP 17,000 or $375 to repair and expand their oyster beds and fish pen so that it could gain enough income to also support her adult son whom she has invited to help in the business.

This is Diomema's 11th consecutive loan with Negros Women for Tomorrow Foundation's Project Dungganon. She has been a member of good standing since 2004.

About NWTF: In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.

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Journal entries for Diomema Grijaldo


Loan has been disbursed
 
Entrepreneur: Diomema Grijaldo
Location: Hinigaran, Philippines

Thank you for your loan. It has been disbursed to Diomema Grijaldo by Negros Women for Tomorrow Foundation, Inc. (NWTF) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Negros Women for Tomorrow Foundation, Inc. (NWTF) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Hinigaran, Philippines
Jul 26, 2009
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Kiva Help Repayment Schedule for Diomema Grijaldo

  Expected Repayments Actual Repayments Comments
September 2009 $30.00 $20.01 Repayment Received
October 2009 $60.00 $69.99 Repayment Received
November 2009 $60.00 $40.01 Repayment Received
December 2009 $75.00 $114.97 Repayment Received
January 2010 $60.00 Available Jan 1  
February 2010 $75.00 Available Feb 1  
March 2010 $15.00 Available Mar 1