Nora Lumacad


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nora Lumacad
Location: Baliangao Misamis Occidental, Philippines
Activity: Livestock

About the Loan

Loan Amount: $1,075.00
Loan Use: Additional capital for hog-raising business.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.4030 PHP = 1 USD



Mrs. Nora Lumacad is from the village of Tugas, Baliangao Misamis, Occidental. She is 51 years old, married and blessed with 3 children.


She has been engaged in her business for more than 7 years. She earns 8500 PHP monthly from her business.


In 2006, Nora joined PMPC to access their programs and services. Currently she's requesting her 5th loan, for 50000 PHP, that she will use as additional capital for her hog-raising business.


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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Journal entries for Nora Lumacad


Loan has been disbursed
 
Entrepreneur: Nora Lumacad
Location: Baliangao Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Nora Lumacad 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 Baliangao Misamis Occidental, Philippines
Nov 9, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nora Lumacad

  Expected Repayments Actual Repayments Comments
January 2010 $119.44 Available Jan 1  
February 2010 $119.45 Available Feb 1  
March 2010 $149.30 Available Mar 1  
April 2010 $119.45 Available Apr 1  
May 2010 $119.44 Available May 1  
June 2010 $149.31 Available Jun 1  
July 2010 $119.44 Available Jul 1  
August 2010 $119.45 Available Aug 1  
September 2010 $59.72 Available Sep 1