Ludima Omol
Status: Paying Back
| $225.00 | Loan Amount |
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About the Entrepreneur
| Name: | Ludima Omol |
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| Location: | Plaridel, Misamis Occidental, Philippines |
| Activity: | Farming |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | To invest in expanding a crops business |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Jul 24, 2009 |
| Date Disbursed: | Jul 22, 2009 |
| Date Funded: | Jul 25, 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: | 2642 |
| Total Loans: | $666,475 |
| Delinquency Rate: | 0.36% |
| 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: | 48.1400 PHP = 1 USD |
In 2004, Ludima joined PMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Ludima has successfully repaid a previous loan of 10,000 PHP from PMPC. This previous loan was used to to purchase fertilizers, such as manure. Ludima is requesting a new loan of 10,000 PHP which will be used to invest in expanding the business. This will be her seventh 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 Ludima Omol
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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 26, 2009 |
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Farming
Location: Plaridel, Misamis Occidental, Philippines
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Posted by
Rommel Sulasula from Plaridel, Misamis Occidental, Philippines
Aug 29, 2009 |
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Repayment Schedule for Ludima Omol
Repayment Schedule for Ludima Omol
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $0.00 | $5.63 | |||
| October 2009 | $22.50 | $22.50 |  Repayment Received
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| November 2009 | $22.50 | $28.13 | Repayment Received
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| December 2009 | $22.50 | $16.88 | Repayment Received
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| January 2010 | $28.13 | Available Jan 1 | |||
| February 2010 | $22.50 | Available Feb 1 | |||
| March 2010 | $22.50 | Available Mar 1 | |||
| April 2010 | $22.50 | Available Apr 1 | |||
| May 2010 | $28.12 | Available May 1 | |||
| June 2010 | $22.50 | Available Jun 1 | |||
| July 2010 | $11.25 | Available Jul 1 | |||
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