Josephine Lagorra


Status: Paying Back

$300.00   Loan Amount
92% repaid

About the Entrepreneur

Name: Josephine Lagorra
Location: Dipolog City, Zamboanga Del Norte, Philippines
Activity: Restaurant

About the Loan

Loan Amount: $300.00
Loan Use: for additional working capital
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 23, 2009
Date Disbursed: Oct 12, 2009
Date Funded:Oct 23, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1200 PHP = 1 USD



Josephine Lagorra is from the village of Miputak. She is 32 years old. Josephine is married and has 2 school-aged children. To make a living, Josephine owns and operates a business venture in the food sector, operating a mini-restaurant. The main source of income for the business comes from serving local foods to customers in the local community. Josephine has been engaged in her business for over 2 years and earns approximately 4,000 PHP a month for these activities.



In 2007, Josephine joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Josephine has successfully repaid a previous loan of 5,000 PHP from PMPC. Josephine is requesting a new loan of 14,000 PHP which will be used for additional working capital. This will be the 6th loan taken out by Josephine from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.



About PMPC:



Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.



*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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srhs
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Audrey
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I.E.3
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Lleyton & Langdon
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Beth
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Journal entries for Josephine Lagorra


Loan has been disbursed
 
Entrepreneur: Josephine Lagorra
Location: Dipolog City, Zamboanga Del Norte, Philippines

Thank you for your loan. It has been disbursed to Josephine Lagorra by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 9 months of this loan, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dipolog City, Zamboanga Del Norte, Philippines
Oct 24, 2009
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Kiva Help Repayment Schedule for Josephine Lagorra

  Expected Repayments Actual Repayments Comments
December 2009 $15.00 $277.47 Repayment Received
January 2010 $37.50 Available Jan 1 Repayment Received
February 2010 $30.00 Available Feb 1 Repayment Received
March 2010 $30.00 Available Mar 1 Repayment Received
April 2010 $30.00 Available Apr 1 Repayment Received
May 2010 $37.50 Available May 1 Repayment Received
June 2010 $30.00 Available Jun 1 Repayment Received
July 2010 $37.50 Available Jul 1 Repayment Received
August 2010 $30.00 Available Aug 1 Repayment Received
September 2010 $22.50 Available Sep 1