Vinancia Potayre


Status: Paying Back

$225.00   Loan Amount
44% repaid

About the Entrepreneur

Name: Vinancia Potayre
Location: Aloran, Misamis Occidental, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $225.00
Loan Use: To invest in expanding the business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 17, 2009
Date Disbursed: Aug 12, 2009
Date Funded:Aug 17, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.3252 PHP = 1 USD



Vinancia Potayre, age 60, is from the village of Tuburan. Vinancia is married and has three grown children. To make a living, Vinancia owns and operates a fishing business. The main source of income for the business comes primarily from harvesting and selling ocean-caught fish in the local community. Vinancia has been engaged in her business for over seven years and earns approximately 7,000 PHP a month from these activities.


In 2007, Vinancia joined PMPC to gain access to financial services. She hoped to help improve her living situation and to increase her ability to engage in business activities. Vinancia has successfully repaid three previous loans from PMPC. Vinancia is requesting a new loan of 10,000 PHP, which will be used to invest in expanding the business. She plans to use the additional revenue generated from the business 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.


Subscribe

Lenders to this entrepreneur

Raf
Christchurch, Canterbury
New Zealand

David
Mercer Island, WA
United States

Steve
Greenwood Village, CO
United States

Women On A Mission
Mesquite, TX
United States

Eve
Flagstaff, AZ
United States

Darren
San Francisco, CA
United States

David
Laval,
France



Top Lending Teams for this entrepreneur


Philippines
Local Area
130 Members

Kiva Kiwis
Local Area
176 Members

Journal entries for Vinancia Potayre


Loan has been disbursed
 
Entrepreneur: Vinancia Potayre
Location: Aloran, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Vinancia Potayre by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 Aloran, Misamis Occidental, Philippines
Aug 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Vinancia Potayre

  Expected Repayments Actual Repayments Comments
October 2009 $18.00 $18.00 Repayment Received
November 2009 $45.00 $54.00 Repayment Received
December 2009 $36.00 $27.00 Repayment Received
January 2010 $36.00 Available Jan 1  
February 2010 $45.00 Available Feb 1  
March 2010 $36.00 Available Mar 1  
April 2010 $9.00 Available Apr 1