Mary Jane Norbe


Status: Paying Back

$400.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Mary Jane Norbe
Location: Hinigaran, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $400.00
Loan Use: For additional capital for fish-vending trade
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 2, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Sep 3, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.8300 PHP = 1 USD



Mrs. Mary Jane Norbe is 42 years old, married with six children and a resident of Brgy, Tagda, in Hinigaran Negros Occidental. Mary Jane is a fish vendor, a suitable trade as she lives near the sea and has easy access to the local fisher folk's catch. Working in partnership with her husband, Cenon, she is determined to raise her six children well and provide all of them with a good future.


In 1998 she joined NWTF—Project Dungganon to have access to additional capital for her fish-vending business. She later used her loans and savings to build her own fishing boat, and the resulting profits from this move come to approximately PHP 10,000 per month, just enough to support the needs of her family. She now plans to use the PHP 19,000 loan from NWTF—Project Dungganon, her thirteenth consecutive loan from this MFI, as revolving working capital for her fish-vending business.


About NWTF:


In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the call of not just a few, but thousands of women. Through its alleviation program, these women have progressed from earning less than a dollar a day to achieving realities beyond their dreams. They have learned to live lives that they can finally call honorable ones. This is Project Dungganon.



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Lenders to this entrepreneur

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Kent Stephan Jensen
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Brian

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Robert

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Jennifer F.
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Tony
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Scott & Kam
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Colin
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Praveen Ghanta
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Journal entries for Mary Jane Norbe


Loan has been disbursed
 
Entrepreneur: Mary Jane Norbe
Location: Hinigaran, Philippines

Thank you for your loan. It has been disbursed to Mary Jane Norbe by Negros Women for Tomorrow Foundation, Inc. (NWTF) in Philippines. We are excited to watch this business grow. Over the 8 months of this loan, Negros Women for Tomorrow Foundation, Inc. (NWTF) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Hinigaran, Philippines
Sep 4, 2009
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Kiva Help Repayment Schedule for Mary Jane Norbe

  Expected Repayments Actual Repayments Comments
November 2009 $63.16 $66.80 Repayment Received
December 2009 $52.63 $48.99 Repayment Received
January 2010 $42.10 Available Jan 1  
February 2010 $52.64 Available Feb 1  
March 2010 $42.10 Available Mar 1  
April 2010 $42.11 Available Apr 1  
May 2010 $42.10 Available May 1  
June 2010 $52.63 Available Jun 1  
July 2010 $10.53 Available Jul 1