Berlisa Maglinte


Status: Paying Back

$75.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Berlisa Maglinte
Location: Baliangao Misamis Occidental, Philippines
Activity: General Store

About the Loan

Loan Amount: $75.00
Loan Use: Additional Capital of her retail store
Repayment Term: 4 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 24, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Oct 24, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1228 PHP = 1 USD



Berlisa Maglinte is from the village of Mabini, Baliangao, Misamis Occidental. She is 51 years old. Berlisa is married and has 1 adult-aged child. To make a living, Berlisa owns and operates a business venture in retailing. While not the only means for generating revenue, the main source of income for the business comes primarily from selling of variety of goods in the local community. Berlisa has been engaged in her business for more than 10 years and earns approximately 2,000.00 PHP net a month for these activities. In 2005, Berlisa joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Berlisa has successfully repaid a previous loan of 5000 PHP from PMPC. Berlisa is requesting a new loan of 3000 PHP which will be used for additional capital of sari-sari store. This loan will be the 3rd cycle loan taken out by Berlisa from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's 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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Lenders to this entrepreneur

Georges
Sierre,
Switzerland

The Stave Family
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United States

Mark
Toronto, ON
Canada



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Loan has been disbursed
 
Entrepreneur: Berlisa Maglinte
Location: Baliangao Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Berlisa Maglinte by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 2 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 Baliangao Misamis Occidental, Philippines
Oct 25, 2009
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Kiva Help Repayment Schedule for Berlisa Maglinte

  Expected Repayments Actual Repayments Comments
January 2010 $50.00 Available Jan 1  
February 2010 $25.00 Available Feb 1