Nenita Sulasula


Status: Paying Back

$550.00   Loan Amount
11% repaid

About the Entrepreneur

Name: Nenita Sulasula
Location: Sinonoc,sinacaban,misamis Occidental, Philippines
Activity: Motorcycle Transport

About the Loan

Loan Amount: $550.00
Loan Use: To purchase a transport vehicle to improve the business
Repayment Term: 23 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 30, 2009
Date Disbursed: Sep 1, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.5720 PHP = 1 USD



Nenita Sulasula is from the village of Sinonoc, Sinacaban, Misamis Occidental. She is 46 years old. Nenita is married and has two school-age children. To make a living, Nenita provides transport services to local community members. Nenita has been in business for over six years and earns approximately 10,000 PHP a month.

In 2004, Nenita joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Nenita has successfully repaid a previous loan of 6,000 PHP from PMPC. This previous loan was used to to repair a transport vehicle used in the business. Nenita is requesting a new loan of 25,000 PHP, which will be used to purchase a transport vehicle to improve the business. This loan will be the sixth loan taken out by Nenita from PMPC. She plans to use the additional revenue generated from the business to improve her family's general living conditions.

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 Nenita Sulasula


Loan has been disbursed
 
Entrepreneur: Nenita Sulasula
Location: Sinonoc,sinacaban,misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Nenita Sulasula by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 21 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 Sinonoc,sinacaban,misamis Occidental, Philippines
Oct 1, 2009
Comment on this entry

Nenita Sulasula
 
Entrepreneur: Nenita Sulasula
Location: Sinonoc,sinacaban,misamis Occidental, Philippines

Mabuhay... ! Thank you for being so kindhearted to me. You have given me the chance to hope always. That there are people like KIVA people, willing to help those who help themselves

May you continue to do good for other people like me. Don’t be tired to share your blessings especially to the needy ones.


Posted by Annabelle Namocatcat from Sinonoc,sinacaban,misamis Occidental, Philippines
Oct 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nenita Sulasula

  Expected Repayments Actual Repayments Comments
December 2009 $51.56 $63.30 Repayment Received
January 2010 $22.92 Available Jan 1  
February 2010 $28.65 Available Feb 1  
March 2010 $22.91 Available Mar 1  
April 2010 $22.92 Available Apr 1  
May 2010 $28.65 Available May 1  
June 2010 $22.91 Available Jun 1  
July 2010 $22.92 Available Jul 1  
August 2010 $28.65 Available Aug 1  
September 2010 $22.91 Available Sep 1  
October 2010 $22.92 Available Oct 1  
November 2010 $28.65 Available Nov 1  
December 2010 $22.91 Available Dec 1  
January 2011 $22.92 Available Jan 1  
February 2011 $28.65 Available Feb 1  
March 2011 $22.91 Available Mar 1  
April 2011 $22.92 Available Apr 1  
May 2011 $28.65 Available May 1  
June 2011 $22.91 Available Jun 1  
July 2011 $22.92 Available Jul 1  
August 2011 $28.64 Available Aug 1