Armando Ungab


Status: Paying Back

$275.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Armando Ungab
Location: Dipolog City, Zamboanga Del Norte, Philippines
Activity: Services

About the Loan

Loan Amount: $275.00
Loan Use: To repair video game units used in her business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 14, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Aug 17, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.9500 PHP = 1 USD



Armando Ungab is from the city of Dipolog. She is 42 years old. Armando is engaged and has three school-aged children. To make a living, Armando owns & operates a business providing video game services to local community. Armando has been engaged in her business for over eight years and earns approximately 6,000 PHP a month for these activities.

In 2009, Armando joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Armando is requesting a new loan of 12,000 PHP, which will be used to repair the video game units used in the business. This loan will be the first loan taken out by Armando from PMPC. She plans to use the additional revenue generated from the business to improve/expand her business.

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 Armando Ungab


Loan has been disbursed
 
Entrepreneur: Armando Ungab
Location: Dipolog City, Zamboanga Del Norte, Philippines

Thank you for your loan. It has been disbursed to Armando Ungab by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 12 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 Dipolog City, Zamboanga Del Norte, Philippines
Aug 18, 2009
Comment on this entry

Services!
 
Entrepreneur: Armando Ungab
Location: Dipolog City, Zamboanga Del Norte, Philippines

Armando is thankful for the approval of his loan request! It helped him a lot in his services activities. Daghang salamat!


Posted by Lysette Asombrado from Dipolog City, Zamboanga Del Norte, Philippines
Aug 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Armando Ungab

  Expected Repayments Actual Repayments Comments
October 2009 $22.92 $22.92 Repayment Received
November 2009 $22.91 $22.91 Repayment Received
December 2009 $22.92 $22.92 Repayment Received
January 2010 $22.92 Available Jan 1  
February 2010 $22.91 Available Feb 1  
March 2010 $22.92 Available Mar 1  
April 2010 $22.92 Available Apr 1  
May 2010 $22.91 Available May 1  
June 2010 $22.92 Available Jun 1  
July 2010 $22.92 Available Jul 1  
August 2010 $22.91 Available Aug 1  
September 2010 $22.92 Available Sep 1