Tessie Nillama
Status: Paying Back
| $125.00 | Loan Amount |
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8% repaid
About the Entrepreneur
| Name: | Tessie Nillama |
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| Location: | Tukuran, Zamboanga Del Sur, Philippines |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $125.00 |
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| Loan Use: | To use as additional capital for her business |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 23, 2009 |
| Date Disbursed: | Oct 21, 2009 |
| Date Funded: | Oct 24, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Gata Daku Multi-purpose Cooperative (GDMPC) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 6 months |
| Kiva Entrepreneurs: | 982 |
| Total Loans: | $192,650 |
| Delinquency Rate: | 1.61% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.1200 PHP = 1 USD |
Tessie Nillama is from the village of Tabuan, Tukuran, Zamboanga Del Sur. She is 49 years old, is married, and has four adult children.
Tessie owns and operates a specialized retail store, selling vegetables in the local community. She has been engaged in her business for over five years and earns approximately 5,000 PHP a month.
In 2009, Tessie joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used as additional capital for her business. This loan will be her first 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 unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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.
Tessie owns and operates a specialized retail store, selling vegetables in the local community. She has been engaged in her business for over five years and earns approximately 5,000 PHP a month.
In 2009, Tessie joined GDMPC to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a loan of 5,000 PHP which will be used as additional capital for her business. This loan will be her first 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 unit offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolk 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 Tessie Nillama
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Loan has been disbursed
Location: Tukuran, Zamboanga Del Sur, Philippines
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Posted by
from Tukuran, Zamboanga Del Sur, Philippines
Oct 25, 2009 |
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Comment on this entry
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Repayment Schedule for Tessie Nillama
Repayment Schedule for Tessie Nillama
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $9.62 | $10.90 |  Repayment Received
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| 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 | $19.23 | Available May 1 | |||
| June 2010 | $14.42 | Available Jun 1 | |||
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