Jocelyn Fellogan


Status: Paying Back

$125.00   Loan Amount
53% repaid

About the Entrepreneur

Name: Jocelyn Fellogan
Location: Curvada, Tukuran, Zamboanga Del Sur, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 14, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Aug 14, 2009

About the Country

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



Jocelyn Fellogan is from the village of Curvada, Tukuran, Zamboanga del Sur. She is 40 years old and is married with three school-aged children. To make a living, Jocelyn owns and operates a business venture in the retail sector operating a "sari-sari" or general store. She sells both food and daily use products in this local community store and has been engaged in her business for over a year, earning approximately 2,500 PHP a month..


In 2009, Jocelyn joined GDMPC to gain access to financial services. She wished to help improve her living situation and to increase her ability to engage in business activities. Jocelyn is requesting a loan in the amount of 5,000 PHP, which will be used to purchase additional products to sell. This will be the first loan taken out by Jocelyn from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family and to pay tuition for her children.


About GDMPC:


GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk, and small entrepreneurs.


*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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Lenders to this entrepreneur

Eric & Whanda
Menifee, CA
United States

Cathy
Coral Springs, FL
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Amanda
San Francisco, CA
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Simon & Family
Belmont, Western Australia
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Top Lending Teams for this entrepreneur


HealthCare Professionals
Common Interest
4 Members

Journal entries for Jocelyn Fellogan


Loan has been disbursed
 
Entrepreneur: Jocelyn Fellogan
Location: Curvada, Tukuran, Zamboanga Del Sur, Philippines

Thank you for your loan. It has been disbursed to Jocelyn Fellogan by Gata Daku Multi-purpose Cooperative in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Gata Daku Multi-purpose Cooperative will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Curvada, Tukuran, Zamboanga Del Sur, Philippines
Aug 15, 2009
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Jocelyn Update
 
Entrepreneur: Jocelyn Fellogan
Location: Curvada, Tukuran, Zamboanga Del Sur, Philippines

Jocelyn Fellogans Business is now improving, she was grateful because through the money she loan at Gata daku MPC she was able to purchase additional stocks for her sari sari store which attracts costumers, that help her gain more profits.


Posted by Sharon Lacierda from Curvada, Tukuran, Zamboanga Del Sur, Philippines
Sep 10, 2009
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Kiva Help Repayment Schedule for Jocelyn Fellogan

  Expected Repayments Actual Repayments Comments
October 2009 $24.04 $24.04 Repayment Received
November 2009 $19.23 $19.23 Repayment Received
December 2009 $24.04 $24.04 Repayment Received
January 2010 $19.23 Available Jan 1  
February 2010 $19.23 Available Feb 1  
March 2010 $19.23 Available Mar 1