Jessie Sismando


Status: Paying Back

$300.00   Loan Amount
35% repaid

About the Entrepreneur

Name: Jessie Sismando
Location: Tumpagon , Cagayan De Oro City, Philippines
Activity: General Store

About the Loan

Loan Amount: $300.00
Loan Use: To purchase additional inventory and use as working capital
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 20, 2009
Date Disbursed: Jul 24, 2009
Date Funded:Aug 22, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.3499 PHP = 1 USD



Jessie Sismando is from the village of Zone 2 in Tumpagon, Cagayan de Oro City. She is 29 years old. Jessie is married and has 2 school-aged children. To make a living, Jessie runs a sari-sari (variety) retail store where she sells a variety of different products in the local community. Jessie has been engaged in her business for over 10 years and earns approximately 8,000 PHP a month from these activities.

In 2008, Jessie joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Jessie has successfully repaid a previous loan of 11,000 PHP from HSPFI. Jessie is requesting a new loan of 14,000 PHP which will be used to purchase additional inventory & working capital. This will be Jessie's 4th loan from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

About HSPFI:

HSPFI is one of 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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Lenders to this entrepreneur

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Kuala Lumpur, W.P.
Malaysia

Andrew
Dubai, Dubai
United Arab Emirates

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viri
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Mesa, AZ
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karen
Bellaire, TX
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sebastien
London, London
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Joel
Minneapolis, MN
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Jamie
Oldham,
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Lukas

Czech Republic

Jennifer
Bethel Park, PA
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Journal entries for Jessie Sismando


Loan has been disbursed
 
Entrepreneur: Jessie Sismando
Location: Tumpagon , Cagayan De Oro City, Philippines

Thank you for your loan. It has been disbursed to Jessie Sismando by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 9 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 Tumpagon , Cagayan De Oro City, Philippines
Aug 23, 2009
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Loan Updates
 
Entrepreneur: Jessie Sismando
Location: Tumpagon , Cagayan De Oro City, Philippines

Jessie is very much happy with the loan she received. It is an additional working capital to her business. She is positive that she will be earning more. She just hope that lenders will continue to support her as she manage and make her business productive and profitable.


Posted by sonjelie pagobo from Tumpagon , Cagayan De Oro City, Philippines
Sep 10, 2009
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Kiva Help Repayment Schedule for Jessie Sismando

  Expected Repayments Actual Repayments Comments
October 2009 $45.00 $45.00 Repayment Received
November 2009 $30.00 $30.00 Repayment Received
December 2009 $30.00 $30.00 Repayment Received
January 2010 $37.50 Available Jan 1  
February 2010 $30.00 Available Feb 1  
March 2010 $30.00 Available Mar 1  
April 2010 $30.00 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $30.00 Available Jun 1