Theresa May Ambrad


Status: Paying Back

$125.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Theresa May Ambrad
Location: San Isidro, Talakag Bukidnon, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $125.00
Loan Use: To purchase raw ingredients needed to make products for sale
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 27, 2009
Date Disbursed: Aug 20, 2009
Date Funded:Aug 27, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.7100 PHP = 1 USD



Theresa May Ambrad is from the village of San Isidro, Talakag, Bukidnon. She is 45 years old, is married, and has three school-aged children.

Theresa May owns and operates a business making and selling food, vending snacks and other delicacies 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, Theresa May 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 raw ingredients needed to make products for sale. 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.


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

Subscribe

Lenders to this entrepreneur

William
Cambridge, MA
United States

Tom
Madison, WI
United States

Bill
Rapid City, SD
United States

PandyaFamily
Pasadena, MD
United States



Journal entries for Theresa May Ambrad


Loan has been disbursed
 
Entrepreneur: Theresa May Ambrad
Location: San Isidro, Talakag Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Theresa May Ambrad 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 San Isidro, Talakag Bukidnon, Philippines
Aug 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Theresa May Ambrad

  Expected Repayments Actual Repayments Comments
October 2009 $12.50 $12.50 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  
March 2010 $6.25 Available Mar 1