Antonio Corpuz


Status: Paying Back

$125.00   Loan Amount
35% repaid

About the Entrepreneur

Name: Antonio Corpuz
Location: Valencia City, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $125.00
Loan Use: purchasing 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 21, 2009
Date Funded:Oct 21, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.4900 PHP = 1 USD



Antonio Corpuz is from the village of Sinayawan, Valencia City. He is 46 years old. Antonio is married and has 3 adult children. To make a living, Antonio makes and sells food. The main source of income for this business comes from making and selling ice cream in the local community. Antonio has been engaged in his business for over 5 years and earns approximately 4000 PHP a month.

In 2009, Antonio joined HSPFI to gain access to financial services that could help him improve his living situation and his ability to engage in business activities. Antonio is requesting a new loan of 5000 PHP, which will be used to purchase the raw ingredients needed to make products for sale. This loan will be the 1st loan taken out by Antonio from HSPFI. He plans to use the additional revenue generated to improve and expand his business.

About HSPFI:

HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches 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 Antonio Corpuz


Loan has been disbursed
 
Entrepreneur: Antonio Corpuz
Location: Valencia City, Philippines

Thank you for your loan. It has been disbursed to Antonio Corpuz by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Valencia City, Philippines
Oct 22, 2009
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Kiva Help Repayment Schedule for Antonio Corpuz

  Expected Repayments Actual Repayments Comments
December 2009 $32.90 $43.75 Repayment Received
January 2010 $26.31 Available Jan 1  
February 2010 $32.90 Available Feb 1  
March 2010 $26.31 Available Mar 1  
April 2010 $6.58 Available Apr 1