Edna Mandawe


Status: Paying Back

$150.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Edna Mandawe
Location: Mitan-ag Bonifacio, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $150.00
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 19, 2009
Date Disbursed: Oct 8, 2009
Date Funded:Oct 19, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.9900 PHP = 1 USD



Edna Mandawe is from the village of Mitan-ag, Bonifacio, Misamis Occidental. She is 40 years old and is married.

Edna owns and operates a specialized retail store, selling bananas and vegetables in the local community. She has been engaged in her business for over seven years and earns approximately 4,000 PHP a month.

In 2007, Edna joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 5,000 PHP from GDMPC.

Edna is requesting a new loan of 7,000 PHP which will be used to purchase additional products to sell. This loan will be her second from GDMPC. 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 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 Edna Mandawe


Loan has been disbursed
 
Entrepreneur: Edna Mandawe
Location: Mitan-ag Bonifacio, Philippines

Thank you for your loan. It has been disbursed to Edna Mandawe 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 Mitan-ag Bonifacio, Philippines
Oct 20, 2009
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Kiva Help Repayment Schedule for Edna Mandawe

  Expected Repayments Actual Repayments Comments
December 2009 $23.08 $23.08 Repayment Received
January 2010 $23.07 Available Jan 1  
February 2010 $23.08 Available Feb 1  
March 2010 $28.85 Available Mar 1  
April 2010 $23.07 Available Apr 1  
May 2010 $23.08 Available May 1  
June 2010 $5.77 Available Jun 1