Phoebe Bacor


Status: Paying Back

$300.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Phoebe Bacor
Location: Camp Phillips Bukidnon, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $300.00
Loan Use: To invest in expanding her business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 24, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Sep 24, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3400 PHP = 1 USD



Phoebe Bacor is from the village of Camp Phillips, Bukidnon. She is 56 years old, is married, and has four adult children.

Phoebe owns and operates a business making and selling food, selling snacks and other delicacies in the local community. She has been engaged in her business for over fifteen years and earns approximately 5,000 PHP a month.

In 2007, Phoebe joined HSPFI 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 HSPFI. This previous loan was used to to purchase raw ingredients needed to make products for sale.

Phoebe is requesting a new loan of 14,000 PHP which will be used to invest in expanding her business. This loan will be her 4th 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

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Jamie
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Carol
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anthony
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Taylor
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SIA @ MTSU
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Spencer Paul
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Journal entries for Phoebe Bacor


Loan has been disbursed
 
Entrepreneur: Phoebe Bacor
Location: Camp Phillips Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Phoebe Bacor by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 9 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 Camp Phillips Bukidnon, Philippines
Sep 25, 2009
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Kiva Help Repayment Schedule for Phoebe Bacor

  Expected Repayments Actual Repayments Comments
November 2009 $7.69 $15.00 Repayment Received
December 2009 $38.46 $31.15 Repayment Received
January 2010 $30.77 Available Jan 1  
February 2010 $30.77 Available Feb 1  
March 2010 $38.46 Available Mar 1  
April 2010 $30.77 Available Apr 1  
May 2010 $30.77 Available May 1  
June 2010 $38.46 Available Jun 1  
July 2010 $30.77 Available Jul 1  
August 2010 $23.08 Available Aug 1