Lucita Dela Victoria


Status: Paying Back

$1,025.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Lucita Dela Victoria
Location: Ozamis City, Misamis Occidental, Philippines
Activity: Motorcycle Transport

About the Loan

Loan Amount: $1,025.00
Loan Use: To purchase a new motorcycle to improve her business
Repayment Term: 9 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Possible
Date Listed: Sep 1, 2009
Date Disbursed: Aug 27, 2009
Date Funded:Sep 21, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.8100 PHP = 1 USD



Lucita Dela Victoria is from RS Tan Village, Ozamiz City, Misamis Occidental. She is 42 years old, is married, and has five adult children.

Lucita owns and operates a motorcycle transport business, providing motorcycle transport services to local community members. She has been engaged in her business for over three years and earns approximately 15,000 PHP a month.

In 2007, Lucita joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan from GDMPC.

Lucita is requesting a new loan of 50,000 PHP which will be used to purchase a new motorcycle to improve her business. This loan will be her sixth from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk and small entrepreneurs.


*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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Lenders to this entrepreneur

festival
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Lewis
Hondo, TX
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Laurent D
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Chris
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Karen
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Christine
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Adonicus
Melbourne, Victoria
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Monica
Vagnhärad,
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Ray & Michelle
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jpj
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Susan
Ada, MI
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Biren
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Raph
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Top Lending Teams for this entrepreneur


Belgium
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236 Members

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17 Members

Australia
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1493 Members

NYU & Friends - Social Lender's Circle
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Journal entries for Lucita Dela Victoria


new update
 
Entrepreneur: Lucita Dela Victoria
Location: Ozamis City, Misamis Occidental, Philippines

Mrs. Lucita Dela Victoria is now very busy with her business upon the release of her loan from Gata Daku Multi-Purpose Cooperative and Kiva funders,she able to purchase the spare parts needed for more improvement to her vehicle for more convenient to her buy and sell business, through this she able to generate more income to sustain the daily needs of her family.+


Posted by Angie Pascual from Ozamis City, Misamis Occidental, Philippines
Sep 2, 2009
Comment on this entry

Loan has been disbursed
 
Entrepreneur: Lucita Dela Victoria
Location: Ozamis City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Lucita Dela Victoria by Gata Daku Multi-purpose Cooperative in Philippines. We are excited to watch this business grow. Over the 7 months of this loan, Gata Daku Multi-purpose Cooperative will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ozamis City, Misamis Occidental, Philippines
Sep 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Lucita Dela Victoria

  Expected Repayments Actual Repayments Comments
November 2009 $170.83 $170.83 Repayment Received
December 2009 $170.84 $170.84 Repayment Received
January 2010 $170.83 Available Jan 1  
February 2010 $170.83 Available Feb 1  
March 2010 $170.84 Available Mar 1  
May 2010 $170.83 Available May 1