Marivic Aningga


Status: Paying Back

$125.00   Loan Amount
55% repaid

About the Entrepreneur

Name: Marivic Aningga
Location: Brgy. 5, Talakag Bukidnon, Philippines
Activity: Phone Use Sales

About the Loan

Loan Amount: $125.00
Loan Use: To purchase new items to expand her product offering
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



Marivic Aningga is from the village of Brgy. 5, Talakag, Bukidnon. She is 27 years old, is single, and has an infant child.

Marivic owns and operates a specialized retail business, selling electronic (cellular phone) load or communication services in the local community. She has been engaged in her business for over three years and earns approximately 3,000 PHP a month.

In 2009, Marivic joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used to purchase new items to expand her product offering. This loan will be her first from HSPFI. She plans to use the additional revenue generated from the business to improve and expand her business and to supplement the income of her family.


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, 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.




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 Marivic Aningga


Loan has been disbursed
 
Entrepreneur: Marivic Aningga
Location: Brgy. 5, Talakag Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Marivic Aningga 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 Brgy. 5, Talakag Bukidnon, Philippines
Aug 19, 2009
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Loan Updates
 
Entrepreneur: Marivic Aningga
Location: Brgy. 5, Talakag Bukidnon, Philippines

Marivic being a single mother strives hard for her infant child. As of now she could only make good of her e-loading business to balance her taking care of her child as well as managing her small business. She is thankful to the lenders for giving her the chance to make her business more attractive to the buyers, with it she could increased her income. Your help means so much to Marivic.


Posted by sonjelie pagobo from Brgy. 5, Talakag Bukidnon, Philippines
Oct 14, 2009
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Kiva Help Repayment Schedule for Marivic Aningga

  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