Rodel Itum
Status: Paying Back
| $175.00 | Loan Amount |
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25% repaid
About the Entrepreneur
| Name: | Rodel Itum |
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| Location: | Lumbia, Cagayan De Oro City, Philippines |
| Activity: | Services |
About the Loan
| Loan Amount: | $175.00 |
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| Loan Use: | To purchase materials needed to expand services provided |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 29, 2009 |
| Date Disbursed: | Sep 25, 2009 |
| Date Funded: | Sep 29, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 9 months |
| Kiva Entrepreneurs: | 1856 |
| Total Loans: | $316,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.5000 PHP = 1 USD |
Rodel Itum is from the village of Lumbia, Cagayan de oro City. He is 35 years old and single. To make a living, Rodel works as foreman at a construction site, and at the same time he raises pigs for sale as his additional source of income. Rodel has been engaged in his business for over a year and earns approximately $110 a month for these activities.
In 2009, Rodel joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Rodel has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to invest in expanding the business. Rodel is requesting a new loan of 8000 PHP which will be used to purchase materials needed to expand the services he provides. This will be his second loan from HSPFI. He plans to use the additional revenue generated to improve his 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
In 2009, Rodel joined HSPFI to gain access to financial services to help improve his living situation and ability to engage in business activities. Rodel has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to invest in expanding the business. Rodel is requesting a new loan of 8000 PHP which will be used to purchase materials needed to expand the services he provides. This will be his second loan from HSPFI. He plans to use the additional revenue generated to improve his 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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Journal entries for Rodel Itum
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Loan has been disbursed
Location: Lumbia, Cagayan De Oro City, Philippines
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Posted by
from Lumbia, Cagayan De Oro City, Philippines
Sep 30, 2009 |
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Comment on this entry
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Repayment Schedule for Rodel Itum
Repayment Schedule for Rodel Itum
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $43.75 | $43.75 |  Repayment Received
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| January 2010 | $35.00 | Available Jan 1 | |||
| February 2010 | $35.00 | Available Feb 1 | |||
| March 2010 | $43.75 | Available Mar 1 | |||
| April 2010 | $17.50 | Available Apr 1 | |||
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