Editha Torres
Status: Paying Back
| $150.00 | Loan Amount |
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About the Entrepreneur
| Name: | Editha Torres |
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| Location: | Plaridel, Misamis Occidental, Philippines |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $150.00 |
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| Loan Use: | To purchase additional inventory for food business |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 24, 2009 |
| Date Disbursed: | Jul 17, 2009 |
| Date Funded: | Jul 24, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Paglaum Multi-Purpose Cooperative (PMPC) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2612 |
| Total Loans: | $657,475 |
| Delinquency Rate: | 0.37% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.1410 PHP = 1 USD |
In 2009, Editha joined PMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Editha is requesting a loan of 7000 PHP which will be used to purchase additional inventory and for working capital. This will be Editha's first loan from PMPC. She plans to use the additional revenue to improve the general living conditions of her family.
About PMPC:
Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.
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 Editha Torres
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Loan has been disbursed
Location: Plaridel, Misamis Occidental, Philippines
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Posted by
from Plaridel, Misamis Occidental, Philippines
Jul 25, 2009 |
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Comment on this entry
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Repayment Schedule for Editha Torres
Repayment Schedule for Editha Torres
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $0.00 | $12.00 | |||
| October 2009 | $24.00 | $24.00 |  Repayment Received
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| November 2009 | $30.00 | $24.00 | Repayment Received
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| December 2009 | $24.00 | $24.00 | Repayment Received
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| January 2010 | $24.00 | Available Jan 1 | |||
| February 2010 | $30.00 | Available Feb 1 | |||
| March 2010 | $18.00 | Available Mar 1 | |||
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