Enecita Bartolaba


Status: Paying Back

$175.00   Loan Amount
70% repaid

About the Entrepreneur

Name: Enecita Bartolaba
Location: Lurugan , Valencia City, Philippines
Activity: General Store

About the Loan

Loan Amount: $175.00
Loan Use: To expand her store's product offering
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 22, 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:48.1850 PHP = 1 USD



Enecita Bartolaba is from the village of Lurugan, Valencia City. She is 51 years old. Enecita is separated from her spouse and has five school-age children. To make a living, Enecita owns and operates a sari-sari (variety) retail shop, where she sells both food and daily use products in the local community. Enecita has been in business for over ten years and earns approximately 5,000 PHP a month.

In 2009, Enecita joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Enecita has successfully repaid a previous loan of 5,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Enecita is requesting a new loan of 8,000 PHP, which will be used to purchase new items to expand her store's product offering. This loan will be the second loan taken out by Enecita from HSPFI. She plans to use the additional revenue generated from the business to further improve the 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

sage
Santa Barbara, CA
United States

Smiley
Riverview, New Brunswick
Canada

David
Chicago, IL
United States

Anonymous

Lee
The Rocks, NSW
Australia

Joseph
Cambridge, MA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States



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Journal entries for Enecita Bartolaba


Loan has been disbursed
 
Entrepreneur: Enecita Bartolaba
Location: Lurugan , Valencia City, Philippines

Thank you for your loan. It has been disbursed to Enecita Bartolaba 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 Lurugan , Valencia City, Philippines
Aug 23, 2009
Comment on this entry

Loan Updates
 
Entrepreneur: Enecita Bartolaba
Location: Lurugan , Valencia City, Philippines

Enecita Bartolaba is happy with the loan she received from HSPFI. It really helps her do well in providing the needs of her customers. She is inspired to better to be able to raised income for the family and be able to make her business grow more bigger.


Posted by sonjelie pagobo from Lurugan , Valencia City, Philippines
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Enecita Bartolaba

  Expected Repayments Actual Repayments Comments
October 2009 $52.50 $52.50 Repayment Received
November 2009 $35.00 $35.00 Repayment Received
December 2009 $35.00 $35.00 Repayment Received
January 2010 $43.75 Available Jan 1  
February 2010 $8.75 Available Feb 1