Gemma Gallano
Status: Paying Back
| $375.00 | Loan Amount |
|---|
32% repaid
About the Entrepreneur
| Name: | Gemma Gallano |
|---|---|
| Location: | Valladolid, Negros Occidental, Philippines |
| Activity: | Soft Drinks |
About the Loan
| Loan Amount: | $375.00 |
|---|---|
| Loan Use: | To buy more inventory. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 17, 2009 |
| Date Disbursed: | Sep 2, 2009 |
| Date Funded: | Sep 18, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Negros Women for Tomorrow Foundation, Inc. (NWTF) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 258 |
| Total Loans: | $98,625 |
| Delinquency Rate: | 0.00% (see note) |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.1496 PHP = 1 USD |
Mrs. Gemma Gallano is from Mabini, Valladolid, Negros Occidental. She has two children ages 18 and 19 years old. She started her general store 18 years ago selling small volumes of soft drinks and other beverages. Then in the later years she focused on being a wholesaler of all kinds of beverages. Now she is earning PHP 10,000 per month from the general store and her soft drink business.
Gemma is planning to expand her soft drink business and will be needing additional capital to increase her inventory. This is why, for her 8th cycle loan from NWTF-Project Dungganon, she has applied to borrow PHP 18,000.
About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.
Gemma is planning to expand her soft drink business and will be needing additional capital to increase her inventory. This is why, for her 8th cycle loan from NWTF-Project Dungganon, she has applied to borrow PHP 18,000.
About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.
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Journal entries for Gemma Gallano
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Loan has been disbursed
Location: Valladolid, Negros Occidental, Philippines
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Posted by
from Valladolid, Negros Occidental, Philippines
Sep 19, 2009 |
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Comment on this entry
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Repayment Schedule for Gemma Gallano
Repayment Schedule for Gemma Gallano
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $60.00 | $15.00 |  Repayment Received
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| December 2009 | $60.00 | $105.00 | Repayment Received
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| January 2010 | $60.00 | Available Jan 1 | |||
| February 2010 | $75.00 | Available Feb 1 | |||
| March 2010 | $60.00 | Available Mar 1 | |||
| April 2010 | $60.00 | Available Apr 1 | |||
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