Jovita Madrio
Make a loan
About the Entrepreneur
| Name: | Jovita Madrio |
|---|---|
| Location: | Centro Napu,tudela,misamis Occidental, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $1,075.00 |
|---|---|
| Loan Use: | To purchase additional inventory and to use as working capital |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Irregularly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Sep 30, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Paglaum Multi-Purpose Cooperative (PMPC) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2612 |
| Total Loans: | $657,475 |
| Delinquency Rate: | 0.37% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.5510 PHP = 1 USD |
Jovita Madrio is from the village of Centro Napu, Tudela, Misamis Occidental. She is 67 years old, is married, and has seven adult children.
Jovita owns and operates a general store, selling a variety of different products in the local community. She has been engaged in her business for over six years and earns approximately 1,500 PHP a month.
In 2008, Jovita joined PMPC 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 50,000 PHP from PMPC. This previous loan was used to to purchase additional products to sell.
Jovita is requesting a new loan of 50,000 PHP which will be used to purchase additional inventory and used as working capital. This loan will be her 4th from PMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.
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.
Jovita owns and operates a general store, selling a variety of different products in the local community. She has been engaged in her business for over six years and earns approximately 1,500 PHP a month.
In 2008, Jovita joined PMPC 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 50,000 PHP from PMPC. This previous loan was used to to purchase additional products to sell.
Jovita is requesting a new loan of 50,000 PHP which will be used to purchase additional inventory and used as working capital. This loan will be her 4th from PMPC. She plans to use the additional revenue generated from the business to save as a reserve for future emergencies.
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.
Subscribe
Lenders to this entrepreneur
Nancy & Gil
STUART, FL
United States
festival
Montreal, Quebec
Canada
Cassie
Griffith, ACT
Australia
Patrick
Kuala Lumpur, W.P.
Malaysia
Support Resort
Gold Coast, Queensland
Australia
Michel
LaSalle, Quebec
Canada
Roberta
Raleigh, NC
United States
Eli
Portland, OR
United States
Top Lending Teams for this entrepreneur
Repayment Schedule for Jovita Madrio
Repayment Schedule for Jovita Madrio
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $119.44 | Available Jan 1 | |||
| February 2010 | $59.73 | Available Feb 1 | |||
| April 2010 | $59.72 | Available Apr 1 | |||
| May 2010 | $119.44 | Available May 1 | |||
| June 2010 | $59.73 | Available Jun 1 | |||
| July 2010 | $59.72 | Available Jul 1 | |||
| August 2010 | $59.72 | Available Aug 1 | |||
| September 2010 | $59.72 | Available Sep 1 | |||
| October 2010 | $59.72 | Available Oct 1 | |||
| November 2010 | $59.73 | Available Nov 1 | |||
| December 2010 | $59.72 | Available Dec 1 | |||
| January 2011 | $59.72 | Available Jan 1 | |||
| February 2011 | $59.72 | Available Feb 1 | |||
| March 2011 | $59.73 | Available Mar 1 | |||
| April 2011 | $59.72 | Available Apr 1 | |||
| May 2011 | $59.72 | Available May 1 | |||
More fundraising loans
Promote this entrepreneur
|
To promote this loan, you can email a friend about it, or
you can include a link on your website. If you would like to feature this loan on your website, simply copy the HTML provided and paste it into your web page. Note: Once this loan is fully funded, another randomly selected loan in need will be displayed. |
260 x 170 block banner |
160 x 380 tower banner |
| 
