Kim Catipay
Status: Paying Back
| $125.00 | Loan Amount |
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25% repaid
About the Entrepreneur
| Name: | Kim Catipay |
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| Location: | Pob. Manticao, Misamis Oriental, Philippines |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | to purchase raw ingredients needed to make products for sale |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 21, 2009 |
| Date Disbursed: | Sep 25, 2009 |
| Date Funded: | Oct 21, 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: | 1852 |
| Total Loans: | $315,325 |
| 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: | 46.2600 PHP = 1 USD |
Kim Catipay is from the village of Poblacion, Manticao Misamis Oriental. She is 38 years old. Kim is married and has 2 school-aged children. To make a living, Kim owns & operates a business venture in the food sector making & selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from selling snacks & other delicacies in the local community. Kim has been engaged in her business for over 6 years and earns approximately 6,000 PHP a month for these activities.
In 2009, Kim joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Kim is requesting a new loan of 5000 PHP which will be used to purchase raw ingredients needed to make products for sale. This loan will be the 1st loan taken out by Kim from HSPFI. She plans to use the additional revenue generated from the business to support education of children.
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, Kim joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Kim is requesting a new loan of 5000 PHP which will be used to purchase raw ingredients needed to make products for sale. This loan will be the 1st loan taken out by Kim from HSPFI. She plans to use the additional revenue generated from the business to support education of children.
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 Kim Catipay
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Loan has been disbursed
Location: Pob. Manticao, Misamis Oriental, Philippines
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Posted by
from Pob. Manticao, Misamis Oriental, Philippines
Oct 22, 2009 |
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Comment on this entry
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Repayment Schedule for Kim Catipay
Repayment Schedule for Kim Catipay
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $31.25 | $31.25 |  Repayment Received
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| January 2010 | $25.00 | Available Jan 1 | |||
| February 2010 | $31.25 | Available Feb 1 | |||
| March 2010 | $25.00 | Available Mar 1 | |||
| April 2010 | $12.50 | Available Apr 1 | |||
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