Norma Danao


Status: Paying Back

$650.00   Loan Amount
4% repaid

About the Entrepreneur

Name: Norma Danao
Location: Bliss Village, Ilagan, Isabela, Philippines
Activity: Manufacturing

About the Loan

Loan Amount: $650.00
Loan Use: additional capital to buy ingredients for manufacturing
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 24, 2009
Date Disbursed: Sep 23, 2009
Date Funded:Oct 24, 2009

About the Country

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



Norma is a very industrious woman who never stops making profit. She is married to Mario, the one who discovered their product. The couple is blessed with two children; Normar and Marc, both of them are still studying. The couple lives in the peaceful village of Bliss, Ilagan, Isabela.



Norma, along with her husband, has been manufacturing 'foliar' fertilizers for seven years already. Their business is expanding rapidly not only in Isabela province, but nationwide. Norma is seeking assistance from lenders to meet the demands of their customers who need their product. She hopes to access a loan of PHP 30,000 to be used as additional capital in purchasing different ingredients of her 'foliar' fertilizer. This amount will be of big help in expanding her business. She hopes that her loan will be granted.


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Lenders to this entrepreneur

Henrik
Bergen,
Norway

Breianne
Long Beach, CA
United States

Peter
Wetteren,
Belgium

Celina
Oslo,
Norway

Ulrich
Täby,
Sweden

Glen
San Francisco, CA
United States

Barbara
Boulder, CO
United States

dave-O
west jordan, UT
United States

Sami
Walnut Creek, CA
United States

Terri
spokane, WA
United States

MaryAnn
Sumter, SC
United States

Fabienne & Hugues
Villeneuve,
Switzerland

Len
Belmont, CA
United States

Yoav
Tel Aviv,
Israel

Lorne
Carleton Place, Ontario
Canada



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Journal entries for Norma Danao


Loan has been disbursed
 
Entrepreneur: Norma Danao
Location: Bliss Village, Ilagan, Isabela, Philippines

Thank you for your loan. It has been disbursed to Norma Danao by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 24 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bliss Village, Ilagan, Isabela, Philippines
Oct 25, 2009
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Kiva Help Repayment Schedule for Norma Danao

  Expected Repayments Actual Repayments Comments
December 2009 $27.08 $27.08 Repayment Received
January 2010 $27.09 Available Jan 1  
February 2010 $27.08 Available Feb 1  
March 2010 $27.08 Available Mar 1  
April 2010 $27.09 Available Apr 1  
May 2010 $27.08 Available May 1  
June 2010 $27.08 Available Jun 1  
July 2010 $27.09 Available Jul 1  
August 2010 $27.08 Available Aug 1  
September 2010 $27.08 Available Sep 1  
October 2010 $27.09 Available Oct 1  
November 2010 $27.08 Available Nov 1  
December 2010 $27.08 Available Dec 1  
January 2011 $27.09 Available Jan 1  
February 2011 $27.08 Available Feb 1  
March 2011 $27.08 Available Mar 1  
April 2011 $27.09 Available Apr 1  
May 2011 $27.08 Available May 1  
June 2011 $27.08 Available Jun 1  
July 2011 $27.09 Available Jul 1  
August 2011 $27.08 Available Aug 1  
September 2011 $27.08 Available Sep 1  
October 2011 $27.09 Available Oct 1  
November 2011 $27.08 Available Nov 1