Leodiza Bontao


Status: Paying Back

$125.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Leodiza Bontao
Location: Valencia City, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 21, 2009
Date Disbursed: Oct 7, 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



Leodiza Bontao is from the town of Valencia, Bukidnon. She is 42 years old. Leodiza is married and has five adult children. To make a living, Leodiza owns and operates a specialized retail store. The main source of income for the business comes from selling vegetables in the local community. Leodiza has been engaged in her business for over three years and earns approximately 5,000 Philippine pesos a month for these activities.

In 2009, Leodiza joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Leodiza is requesting a new loan of 5,000 PHP, which will be used to purchase additional products to sell. This will be the first loan taken out by Leodiza from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

About HSPFI:

HSPFI is one of the 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 Leodiza Bontao


Loan has been disbursed
 
Entrepreneur: Leodiza Bontao
Location: Valencia City, Philippines

Thank you for your loan. It has been disbursed to Leodiza Bontao 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 Leodiza Bontao

  Expected Repayments Actual Repayments Comments
December 2009 $19.74 $19.74 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 $19.74 Available Apr 1