Felicisimo Tasil


Status: Paying Back

$150.00   Loan Amount
19% repaid

About the Entrepreneur

Name: Felicisimo Tasil
Location: Lopez Jaena, Misamis Occidental, Philippines
Activity: Fishing

About the Loan

Loan Amount: $150.00
Loan Use: To purchase fishing equipment including hooks and nets
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 27, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.2350 PHP = 1 USD



Felicisimo Tasil's main source of income comes from harvesting and selling ocean-caught fish in his community. He is 58 years old, widowed and has four adult children. He is from the village of Biasong. Felicisimo has been in this business for over 20 years and earns approximately 5,000 pesos a month.


In 2009, Felicisimo joined PMPC to gain access to financial services to help improve his living conditions and enable him to engage in business activities. Felicisimo is requesting a loan of 6000 pesos which will be used to purchase fishing equipment including hooks and nets. This will be Felicisimo's first loan from PMPC. He plans to use the additional revenue to improve the general living conditions of his family.


About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.


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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Journal entries for Felicisimo Tasil


Loan has been disbursed
 
Entrepreneur: Felicisimo Tasil
Location: Lopez Jaena, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Felicisimo Tasil by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 6 months of this loan, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lopez Jaena, Misamis Occidental, Philippines
Sep 28, 2009
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Kiva Help Repayment Schedule for Felicisimo Tasil

  Expected Repayments Actual Repayments Comments
November 2009 $0.00 $12.00  
December 2009 $24.00 $17.99 Repayment Received
January 2010 $24.00 Available Jan 1  
February 2010 $30.00 Available Feb 1  
March 2010 $24.00 Available Mar 1  
April 2010 $24.00 Available Apr 1  
May 2010 $24.00 Available May 1