Nena Gicen
Status: Paying Back
| $300.00 | Loan Amount |
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7% repaid
About the Entrepreneur
| Name: | Nena Gicen |
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| Location: | Pagatpat, Cagayan De Oro City, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $300.00 |
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| Loan Use: | To purchase new items to expand her product offering |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 27, 2009 |
| Date Disbursed: | Oct 7, 2009 |
| Date Funded: | Oct 27, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 9 months |
| Kiva Entrepreneurs: | 1856 |
| Total Loans: | $316,550 |
| Delinquency Rate: | 0.00% |
| 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: | 47.1250 PHP = 1 USD |
Nena Gicen is from the village of Zone 1, Camarahan, Pagatpat, Cagayan de Oro City. She is 56 years old, is married, and has six adult children.
Nena owns and operates a sari-sari (variety) retail store, selling a variety of different products in the local community. She has been engaged in her business for over two years and earns approximately 3,000 PHP a month.
In 2008, Nena joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 11,000 PHP from HSPFI.
Nena is requesting a new loan of 14,000 PHP which will be used to purchase new items to expand her product offering. This loan will be her 4th from HSPFI. She plans to use the additional revenue generated from the business to supplement her family’s income.
About HSPFI:
HSPFI is one of the accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.
*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.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
Nena owns and operates a sari-sari (variety) retail store, selling a variety of different products in the local community. She has been engaged in her business for over two years and earns approximately 3,000 PHP a month.
In 2008, Nena joined HSPFI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 11,000 PHP from HSPFI.
Nena is requesting a new loan of 14,000 PHP which will be used to purchase new items to expand her product offering. This loan will be her 4th from HSPFI. She plans to use the additional revenue generated from the business to supplement her family’s income.
About HSPFI:
HSPFI is one of the accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.
*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.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
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Michel
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Tom
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Tracy
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MARTHA
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Anonymous
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Journal entries for Nena Gicen
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Loan has been disbursed
Location: Pagatpat, Cagayan De Oro City, Philippines
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Posted by
from Pagatpat, Cagayan De Oro City, Philippines
Oct 28, 2009 |
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Comment on this entry
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Repayment Schedule for Nena Gicen
Repayment Schedule for Nena Gicen
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $22.50 | $22.50 |  Repayment Received
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| January 2010 | $30.00 | Available Jan 1 | |||
| February 2010 | $37.50 | Available Feb 1 | |||
| March 2010 | $30.00 | Available Mar 1 | |||
| April 2010 | $30.00 | Available Apr 1 | |||
| May 2010 | $37.50 | Available May 1 | |||
| June 2010 | $30.00 | Available Jun 1 | |||
| July 2010 | $30.00 | Available Jul 1 | |||
| August 2010 | $37.50 | Available Aug 1 | |||
| September 2010 | $15.00 | Available Sep 1 | |||
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