Emely Entia


Status: Paying Back

$225.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Emely Entia
Location: Camiguin , Province, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $225.00
Loan Use: To buy raw ingredients needed to make products for sale
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 28, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Sep 28, 2009

About the Country

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



Emely Entia is from the village of Mambajao, Camiguin province. She is 40 years old and married with three adult children. To make a living, Emely owns and operates a business venture in the food sector making and selling specialty food products in the local community. Emely has been engaged in her business for over two years and earns approximately $45 a month for these activities.

In 2009, Emely joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emely has successfully repaid a previous loan of 7000 PHP from HSPFI. This previous loan was used to purchase raw ingredients needed to make products for sale. Emely is requesting a new loan of 10000 PHP which will be used to purchase more raw ingredients. This will be her third loan from HSPFI. She plans to use the additional revenue generated to 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 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, 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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Lenders to this entrepreneur

Martine
Amsterdam,
Netherlands

Hanns Kronenberg
Bonn,
Germany

Cecilia & Siggi
Düsseldorf,
Germany

Karl
KLEPPE,
Norway

Jeff
Gainesville, FL
United States

Kim
Jupiter, FL
United States

Nathan
London,
United Kingdom

Kotan Family
Oberhausen,
Germany

Lawrence
Menlo Park, CA
United States



Top Lending Teams for this entrepreneur


Kiva Team Germany
Local Area
527 Members

Journal entries for Emely Entia


Loan has been disbursed
 
Entrepreneur: Emely Entia
Location: Camiguin , Province, Philippines

Thank you for your loan. It has been disbursed to Emely Entia 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 29, 2009
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Loan Update
 
Entrepreneur: Emely Entia
Location: Camiguin , Province, Philippines

Instead using the disbursed loan on her food business, Ms. Emely Entia used the money to purchase ready-to-wear items and personal products like Avon, Natasha, etc. for sale. She makes about $5,000 pesos a month from her business, and she used the profit on home renovations and repairs. Emely said that being a member of HSPFI has been very helpful, especially in helping her earn enough money to pay for her children's education and their uniforms. She extends her thanks to HSPFI and Kiva lenders for offering her this loan.

To learn more about the partner MFI that's supporting this entrepreneur, visit HSPFI's Kiva Field Partner page (http://bit.ly/gG7z7). You can also support HSPFI through lending (http://bit.ly/1CCiG3), or by joining the HSPFI lending team (http://www.kiva.org/team/hspfi)!


Posted by Eva Wu from Camiguin , Province, Philippines
Nov 4, 2009
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Kiva Help Repayment Schedule for Emely Entia

  Expected Repayments Actual Repayments Comments
November 2009 $11.25 $11.25 Repayment Received
December 2009 $22.50 $22.50 Repayment Received
January 2010 $28.13 Available Jan 1  
February 2010 $22.50 Available Feb 1  
March 2010 $22.50 Available Mar 1  
April 2010 $22.50 Available Apr 1  
May 2010 $28.12 Available May 1  
June 2010 $22.50 Available Jun 1  
July 2010 $28.13 Available Jul 1  
August 2010 $16.87 Available Aug 1