Rosalyn Basibas


Status: Paying Back

$75.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Rosalyn Basibas
Location: Tangub City, Misamis Occidental, Philippines
Activity: Pigs

About the Loan

Loan Amount: $75.00
Loan Use: To purchase livestock feed & other supplies
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 8, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Oct 8, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.4504 PHP = 1 USD



Rosalyn Basibas is from the village of Mantic Tangub. She is 36 years old. Rosalyn is married and has 4 school-aged children. To make a living, Rosalyn raises and sells pigs. Rosalyn has been engaged in her business for over 7 years and earns approximately 4,000 PHP a month from these activities.

In 2009, Rosalyn joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Rosalyn has successfully repaid a previous loan of 5,000 PHP from GDMPC. Rosalyn is requesting a new loan of 3,000 PHP that she will use to purchase livestock feed and other supplies. This willl be Rosalyn's second loan from GDMPC. She plans to use the additional revenue generated from the business to pay her children's tuition and support their daily needs.

About GDMPC:

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


Loan has been disbursed
 
Entrepreneur: Rosalyn Basibas
Location: Tangub City, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Rosalyn Basibas by Gata Daku Multi-purpose Cooperative (GDMPC) in Philippines. We are excited to watch this business grow. Over the 6 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 Tangub City, Misamis Occidental, Philippines
Oct 9, 2009
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Kiva Help Repayment Schedule for Rosalyn Basibas

  Expected Repayments Actual Repayments Comments
December 2009 $17.31 $18.77 Repayment Received
January 2010 $11.54 Available Jan 1  
February 2010 $11.53 Available Feb 1  
March 2010 $14.43 Available Mar 1  
April 2010 $11.53 Available Apr 1  
May 2010 $8.66 Available May 1