Newrey Galvadole
Status: Paying Back
| $125.00 | Loan Amount |
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35% repaid
About the Entrepreneur
| Name: | Newrey Galvadole |
|---|---|
| Location: | Sinayawan, Valencia City, Philippines |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | To purchase additional products to sell |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 21, 2009 |
| Date Disbursed: | Sep 21, 2009 |
| Date Funded: | Oct 22, 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 |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 46.4900 PHP = 1 USD |
Newrey Galvadole is from the village of Sinayawan in Valencia City. She is 31 years old. Newrey is married and has 3 school-aged children. To make a living, Newrey sells ready-to-wear clothing and ripe bananas in the local community. Newrey has been engaged in his business for over 6 years and earns approximately 8,000 PHP a month from these activities.
In 2009, Newrey joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Newrey is requesting a loan of 5000 PHP to purchase additional products to sell. This will be Newrey's first loan from HSPFI. She plans to use the additional revenue generated from the business to support her children's education.
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, Newrey joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Newrey is requesting a loan of 5000 PHP to purchase additional products to sell. This will be Newrey's first loan from HSPFI. She plans to use the additional revenue generated from the business to support her children's education.
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 Newrey Galvadole
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Loan has been disbursed
Location: Sinayawan, Valencia City, Philippines
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Posted by
from Sinayawan, Valencia City, Philippines
Oct 23, 2009 |
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Comment on this entry
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Repayment Schedule for Newrey Galvadole
Repayment Schedule for Newrey Galvadole
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $37.50 | $43.75 |  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 | $6.25 | Available Apr 1 | |||
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