Lourdes Pioquinto
Status: Paying Back
| $450.00 | Loan Amount |
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About the Entrepreneur
| Name: | Lourdes Pioquinto |
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| Location: | Lopez Jaena, Misamis Occidental, Philippines |
| Activity: | Food Production/Sales |
About the Loan
| Loan Amount: | $450.00 |
|---|---|
| Loan Use: | To purchase additional inventory and for working capital |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 16, 2009 |
| Date Disbursed: | Sep 23, 2009 |
| Date Funded: | Oct 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Paglaum Multi-Purpose Cooperative (PMPC) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2642 |
| Total Loans: | $666,475 |
| Delinquency Rate: | 0.36% |
| 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 |
In 2001, Lourdes joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Lourdes has successfully repaid a previous loan of 20,000 pesos from PMPC. This previous loan was used to to purchase raw ingredients needed to make products for sale.
Lourdes is requesting a new loan of 20,000 pesos which will be used to purchase additional inventory and for working capital. This will be Lourdes's 15th loan from PMPC. She plans to use the additional revenue to improve the general living conditions of her family.
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 Lourdes Pioquinto
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Loan has been disbursed
Location: Lopez Jaena, Misamis Occidental, Philippines
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Posted by
from Lopez Jaena, Misamis Occidental, Philippines
Oct 17, 2009 |
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Comment on this entry
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Repayment Schedule for Lourdes Pioquinto
Repayment Schedule for Lourdes Pioquinto
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $54.00 | $54.00 |  Repayment Received
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| January 2010 | $90.00 | Available Jan 1 | |||
| February 2010 | $72.00 | Available Feb 1 | |||
| March 2010 | $72.00 | Available Mar 1 | |||
| April 2010 | $72.00 | Available Apr 1 | |||
| May 2010 | $90.00 | Available May 1 | |||
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