Guadalope Bajao


Status: Paying Back

$250.00   Loan Amount
22% repaid

About the Entrepreneur

Name: Guadalope Bajao
Location: Camiguin , Province, Philippines
Activity: General Store

About the Loan

Loan Amount: $250.00
Loan Use: to purchase new items to expand product offering
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 27, 2009
Date Disbursed: Aug 28, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3200 PHP = 1 USD



Guadalope Bajao is from the village of Guinsiliban, Camiguin Province. She is 57 years old. Guadalope is separated from her spouse and has 3 adult children. To make a living, Guadalope owns and operates a 'sari-sari' (variety) retail shop. The main source of income for the business comes from selling both food and daily use products in the local community. Guadalope has been engaged in her business for over 20 years and earns approximately 5,000 PHP a month for these activities.



In 2009, Guadalope joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Guadalope has successfully repaid a previous loan of 8,000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Guadalope is requesting a new loan of 11,000 PHP which will be used to purchase new items to expand product offering. This will be the 3rd loan taken out by Guadalope from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.



About HSPFI:



HSPFI is one of accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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, we created this template for our field staff 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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Journal entries for Guadalope Bajao


Loan has been disbursed
 
Entrepreneur: Guadalope Bajao
Location: Camiguin , Province, Philippines

Thank you for your loan. It has been disbursed to Guadalope Bajao 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 Camiguin , Province, Philippines
Sep 28, 2009
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Kiva Help Repayment Schedule for Guadalope Bajao

  Expected Repayments Actual Repayments Comments
November 2009 $31.25 $31.25 Repayment Received
December 2009 $25.00 $25.00 Repayment Received
January 2010 $25.00 Available Jan 1  
February 2010 $31.25 Available Feb 1  
March 2010 $25.00 Available Mar 1  
April 2010 $25.00 Available Apr 1  
May 2010 $31.25 Available May 1  
June 2010 $25.00 Available Jun 1  
July 2010 $25.00 Available Jul 1  
August 2010 $6.25 Available Aug 1