Teresa Magadan
Status: Paying Back
| $225.00 | Loan Amount |
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About the Entrepreneur
| Name: | Teresa Magadan |
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| Location: | Centro Napu,tudela,misamis Occidental, Philippines |
| Activity: | Personal Housing Expenses |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | For house repair |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 14, 2009 |
| Date Disbursed: | Jul 16, 2009 |
| Date Funded: | Aug 16, 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: | 47.9500 PHP = 1 USD |
In 2008, Teresa joined PMPC to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Teresa has successfully repaid a previous loan of 10,000 PHP from PMPC. This previous loan was used to to purchase livestock feed and other supplies. Teresa is requesting a new loan of 10,000 PHP which will be used for house repair. This will be her second 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.
About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more
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Journal entries for Teresa Magadan
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Loan has been disbursed
Location: Centro Napu,tudela,misamis Occidental, Philippines
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Posted by
from Centro Napu,tudela,misamis Occidental, Philippines
Aug 17, 2009 |
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Comment on this entry
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House repair!
Location: Centro Napu,tudela,misamis Occidental, Philippines
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Posted by
Lysette Asombrado from Centro Napu,tudela,misamis Occidental, Philippines
Aug 30, 2009 |
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Comment on this entry
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Repayment Schedule for Teresa Magadan
Repayment Schedule for Teresa Magadan
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $15.00 | $18.29 |  Repayment Received
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| November 2009 | $15.00 | $14.76 | Repayment Received
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| December 2009 | $15.00 | $15.01 | Repayment Received
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| January 2010 | $15.00 | Available Jan 1 | |||
| February 2010 | $15.00 | Available Feb 1 | |||
| March 2010 | $15.00 | Available Mar 1 | |||
| April 2010 | $15.00 | Available Apr 1 | |||
| May 2010 | $15.00 | Available May 1 | |||
| June 2010 | $15.00 | Available Jun 1 | |||
| July 2010 | $15.00 | Available Jul 1 | |||
| August 2010 | $15.00 | Available Aug 1 | |||
| September 2010 | $15.00 | Available Sep 1 | |||
| October 2010 | $15.00 | Available Oct 1 | |||
| November 2010 | $15.00 | Available Nov 1 | |||
| December 2010 | $15.00 | Available Dec 1 | |||
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