Nustriana Paglinawan


Status: Paying Back

$225.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Nustriana Paglinawan
Location: Cabungaan Clarin, Misamis Occidental, Philippines
Activity: Retail

About the Loan

Loan Amount: $225.00
Loan Use: To purchase additional products to sell
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 2, 2009
Date Disbursed: Sep 17, 2009
Date Funded:Oct 3, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.2134 PHP = 1 USD



Nustriana Paglinawan, from the village of Cabungaan Clarin, is 73 years old, married, and the mother of five adult-aged children. To make a living, Nustriana owns and operates a specialized retail store selling daily use products such as shampoo, soap , toothpaste, sugar and snacks in the local community. Engaged in her business for over 10 years, she earns approximately 3,000 PHP a month.



In 2007, Nustriana joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Having fully repaid a previous loan of 10,000 PHP from GDMPC, she is now requesting a new loan, her fifth, of 10,000 PHP to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.



About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk and small entrepreneurs.



*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 Partners 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 Nustriana Paglinawan


Loan has been disbursed
 
Entrepreneur: Nustriana Paglinawan
Location: Cabungaan Clarin, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Nustriana Paglinawan by Gata Daku Multi-purpose Cooperative (GDMPC) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Gata Daku Multi-purpose Cooperative (GDMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cabungaan Clarin, Misamis Occidental, Philippines
Oct 4, 2009
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Kiva Help Repayment Schedule for Nustriana Paglinawan

  Expected Repayments Actual Repayments Comments
December 2009 $60.58 $46.62  
January 2010 $34.61 Available Jan 1  
February 2010 $34.62 Available Feb 1  
March 2010 $43.27 Available Mar 1  
April 2010 $34.61 Available Apr 1  
May 2010 $17.31 Available May 1