Rosal Duran


Status: Paying Back

$325.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Rosal Duran
Location: Oroquieta City, Misamis Occidental, Philippines
Activity: Home Products Sales

About the Loan

Loan Amount: $325.00
Loan Use: To expand her product offering
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 30, 2009
Date Disbursed: Sep 25, 2009
Date Funded:Oct 5, 2009

About the Country

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



Rosal Duran is from the village of Upper Langcangan. She is 44 years old. Rosal is married and has 3 school-aged children. To make a living, Rosal owns and operates a specialized retail store, where she sells home and beauty products, such as dish washing soap, detergent powder, lotion, and perfumes in the local community. Rosal has been in business for over three years and earns approximately 5,600 PHP a month.

In 2006, Rosal joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosa has successfully repaid a previous loan from PMPC. Rosal is requesting a new loan of 14,900 PHP, which will be used to purchase new items to expand her product offering. This loan will be the fifth loan taken out by Rosal from PMPC. She plans to use the additional revenue generated from the business to further improve/expand the business.

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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Lenders to this entrepreneur

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Loan has been disbursed
 
Entrepreneur: Rosal Duran
Location: Oroquieta City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Rosal Duran 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 Oroquieta City, Misamis Occidental, Philippines
Oct 6, 2009
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Kiva Help Repayment Schedule for Rosal Duran

  Expected Repayments Actual Repayments Comments
December 2009 $52.00 $52.00 Repayment Received
January 2010 $52.00 Available Jan 1  
February 2010 $52.00 Available Feb 1  
March 2010 $65.00 Available Mar 1  
April 2010 $52.00 Available Apr 1  
May 2010 $52.00 Available May 1