Eufemia Radaza


Status: Paying Back

$125.00   Loan Amount
55% repaid

About the Entrepreneur

Name: Eufemia Radaza
Location: Landing, Camella Talakag Bukidnon, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 18, 2009
Date Disbursed: Aug 14, 2009
Date Funded:Aug 18, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4027 PHP = 1 USD



Eufemia Radaza, from the village of Landing, Camella Talakag Bukidnon, is a 41-year-old married mother of eight school-aged children. To make a living, Eufemia owns and operates a specialized retail store that sells a variety of vegetable products including string beans, potatoes, squash and others in the local community. Eufemia has been engaged in her business for over 30 years and earns approximately 5,000 PHP a month.



In 2009, Eufemia joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting a loan of 5000 PHP which will be used to purchase additional products to sell, she plans to use the additional revenue generated from the business to support the education of her children.



About HSPFI:

HSPFI is one of the accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.



*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, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.



Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi


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Journal entries for Eufemia Radaza


Loan has been disbursed
 
Entrepreneur: Eufemia Radaza
Location: Landing, Camella Talakag Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Eufemia Radaza by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Landing, Camella Talakag Bukidnon, Philippines
Aug 19, 2009
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Loan Updates
 
Entrepreneur: Eufemia Radaza
Location: Landing, Camella Talakag Bukidnon, Philippines

Eufemia had increased her vegetable products for sale and expecting to earn more from it. She is thankful to her lenders for the financial support to her business. She is updated in paying her obligation to HSPFI for her to be able to re-loan again. Thank you to all the people who helped her.


Posted by sonjelie pagobo from Landing, Camella Talakag Bukidnon, Philippines
Oct 14, 2009
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Kiva Help Repayment Schedule for Eufemia Radaza

  Expected Repayments Actual Repayments Comments
October 2009 $18.75 $18.75 Repayment Received
November 2009 $25.00 $25.00 Repayment Received
December 2009 $25.00 $25.00 Repayment Received
January 2010 $31.25 Available Jan 1  
February 2010 $25.00 Available Feb 1