Prelyn Gementiza


Status: Paying Back

$150.00   Loan Amount
51% repaid

About the Entrepreneur

Name: Prelyn Gementiza
Location: Pagadian City, Philippines
Activity: General Store

About the Loan

Loan Amount: $150.00
Loan Use: to purchase additional inventory and as working capital
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 25, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Aug 25, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.3400 PHP = 1 USD



Prelyn Gementiza is from the city of Pagadian. She is 29 years old. Prelyn is single. To make a living, Prelyn is starting a business venture in the retail sector, running a general store. The main source of income for the business comes from selling a variety of different products in the local community. Prelyn is just starting this business.



Prelyn joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Prelyn is requesting a loan of 7,000 PHP which will be used to purchase additional inventory and as working capital. This will be the 1st loan taken out by Prelyn from PMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.



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.


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Journal entries for Prelyn Gementiza


Loan has been disbursed
 
Entrepreneur: Prelyn Gementiza
Location: Pagadian City, Philippines

Thank you for your loan. It has been disbursed to Prelyn Gementiza by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 6 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 Pagadian City, Philippines
Aug 26, 2009
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Kiva Help Repayment Schedule for Prelyn Gementiza

  Expected Repayments Actual Repayments Comments
October 2009 $27.78 $27.78 Repayment Received
November 2009 $22.22 $22.22 Repayment Received
December 2009 $27.78 $27.78 Repayment Received
January 2010 $22.22 Available Jan 1  
February 2010 $22.22 Available Feb 1  
March 2010 $27.78 Available Mar 1