Niza Tanguamos


Status: Paying Back

$125.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Niza Tanguamos
Location: Jimenez, Misamis Occidental, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $125.00
Loan Use: to invest in expanding the business
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Oct 5, 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



Niza Tanguamos is from the village of Tabo-o, Jimenez, Misamis Occidental. She is 52 years old. Niza is married and has 4 adult aged children. To make a living, Niza owns & operates a business venture in the food sector operating a fishing business. While not the only means for generating revenue, the main source of income for the business comes primarily from buying & selling fish in the local community. Niza has been engaged in her business for over 10 years and earns approximately 6,000.00 PHP a month for these activities.

In 2006, Niza joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Niza has successfully repaid a previous loan of 5,000.00 PHP from GDMPC. This previous loan was used to purchase additional fish to sell. Niza is requesting a new loan of 5,000 PHP which will be used to invest in expanding the business. This loan will be the third loan taken out by Niza 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 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 Niza Tanguamos


Loan has been disbursed
 
Entrepreneur: Niza Tanguamos
Location: Jimenez, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Niza Tanguamos by Gata Daku Multi-purpose Cooperative (GDMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 Jimenez, Misamis Occidental, Philippines
Oct 24, 2009
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Kiva Help Repayment Schedule for Niza Tanguamos

  Expected Repayments Actual Repayments Comments
December 2009 $19.23 $20.90 Repayment Received
January 2010 $19.23 Available Jan 1  
February 2010 $24.04 Available Feb 1  
March 2010 $19.23 Available Mar 1  
April 2010 $19.23 Available Apr 1  
May 2010 $24.04 Available May 1