Anecito Tabibina


Status: Paying Back

$325.00   Loan Amount
53% repaid

About the Entrepreneur

Name: Anecito Tabibina
Location: Ozamiz City, Philippines
Activity: Retail

About the Loan

Loan Amount: $325.00
Loan Use: to invest in expanding the business
Repayment Term: 5 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Sep 22, 2009
Date Funded:Oct 23, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.8301 PHP = 1 USD



Anecito Tabibina, 36, is from the city of Bitoon Ozamiz City. He is married and has 3 school-aged children. To make a living, Anecito owns & operates a business venture in the retail sector running a "sari-sari" retail store. This is not his only means for generating revenue, the main source of income for the business comes from selling a variety of different products in the local community. Anecito has been engaged in this business for over 25 years and earns approximately 8,000 PHP a month for these activities.

In 2004, Anecito joined GDMPC to gain access to financial services to help improve his living situation and ability to engage in business activities. Anecito has successfully repaid a previous loan of 20,000 PHP from GDMPC. Anecito is requesting a new loan of 14489.79 PHP which will be used to invest in expanding the business. This loan will be the third loan taken out by Anecito from GDMPC. He plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's family.

About GDMPC:

GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks 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 Anecito Tabibina


Loan has been disbursed
 
Entrepreneur: Anecito Tabibina
Location: Ozamiz City, Philippines

Thank you for your loan. It has been disbursed to Anecito Tabibina by Gata Daku Multi-purpose Cooperative (GDMPC) in Philippines. We are excited to watch this business grow. Over the 2 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 Ozamiz City, Philippines
Oct 24, 2009
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Kiva Help Repayment Schedule for Anecito Tabibina

  Expected Repayments Actual Repayments Comments
December 2009 $0.00 $174.59  
February 2010 $325.00 Available Feb 1