Jovita Batersal


Status: Paying Back

$250.00   Loan Amount
43% repaid

About the Entrepreneur

Name: Jovita Batersal
Location: Bay Bay Bonifacio, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $250.00
Loan Use: To invest in expanding the business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 1, 2009
Date Disbursed: Aug 27, 2009
Date Funded:Oct 2, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.2800 PHP = 1 USD



Jovita Batersal is from the village of Bay Bay Bonifacio. She is 39 years old. Jovita is married and has five school-aged children. To make a living, Jovita owns and operates a business of selling fish to local community members. Jovita has been engaged in her business for over ten years and earns approximately $62 a month for these activities.

In 2008, Jovita joined the Kiva field partner, GDMPC, to gain access to financial services to help improve her living situation and ability to engage in business activities. Jovita has successfully repaid a previous loan of 7000 PHP from GDMPC. Jovita is requesting a new loan of 12000 PHP which will be used to invest in expanding her business. This will be her third loan from GDMPC. She plans to use the additional revenue generated from the business to pay the tuition fees of her children and save as a reserve for future needs.

About GDMPC:

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

Subscribe

Lenders to this entrepreneur

JayWu
Boca Raton, FL
United States

Neil
Roseville, CA
United States

jonmaim
Prilly,
Switzerland

Lasse
S,
Denmark

Keith

United Kingdom

Christie
Miami Beach, FL
United States

John
Lyons, Australian Capital Territory
Australia

Doug
Hockessin, DE
United States

Barry and Allegra
Portland, OR
United States

Pauline & Conrad
Dee Why (Ex Bracebridge ON), NSW
Australia



Top Lending Teams for this entrepreneur


Virginia Tech
Colleges/Universities
49 Members

Bloggers
Common Interest
230 Members

Team Obama
Common Interest
3020 Members

Paying It Forward
Common Interest
8 Members

Journal entries for Jovita Batersal


Loan has been disbursed
 
Entrepreneur: Jovita Batersal
Location: Bay Bay Bonifacio, Philippines

Thank you for your loan. It has been disbursed to Jovita Batersal by Gata Daku Multi-purpose Cooperative in Philippines. We are excited to watch this business grow. Over the 5 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 Bay Bay Bonifacio, Philippines
Oct 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Jovita Batersal

  Expected Repayments Actual Repayments Comments
December 2009 $96.15 $108.75 Repayment Received
January 2010 $38.47 Available Jan 1  
February 2010 $38.46 Available Feb 1  
March 2010 $48.07 Available Mar 1  
April 2010 $28.85 Available Apr 1