Mildred Radoc


Status: Paying Back

$125.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mildred Radoc
Location: Valencia City, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: purchasing additional products to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 4, 2009
Date Disbursed: Oct 8, 2009
Date Funded:Nov 4, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.6300 PHP = 1 USD



Mildred Radoc is from the village of Colonia, Valencia City. She is 39 years old. Mildred is married and has 2 school-aged children. To make a living, Mildred owns and runs a "sari-sari" (variety) shop. The main source of income for the business comes from selling both food and daily use products to the community. Mildred has been engaged in her business for over 3 years and earns approximately 5,000 PHP per month.

In 2009, Mildred joined HSPFI in order to gain access to financial services that could help improve her living situation and ability to engage in business activities. Mildred is requesting a new loan of 5,000 PHP, which will be used to purchase additional products to sell. This loan will be the first loan taken out by Mildred from HSPFI. She plans to use the additional revenue generated to improve and expand her business.

About HSPFI:

HSPFI is an accredited partner of Opportunity International in the Philippines. It is based in Cagayan de Oro City and reaches out to the poor households of Northern Mindanao. it

*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, we created this template for our field staff 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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Lenders to this entrepreneur

Brunswick WC Class
Greenwich, CT
United States



Journal entries for Mildred Radoc


Loan has been disbursed
 
Entrepreneur: Mildred Radoc
Location: Valencia City, Philippines

Thank you for your loan. It has been disbursed to Mildred Radoc by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Valencia City, Philippines
Nov 5, 2009
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Kiva Help Repayment Schedule for Mildred Radoc

  Expected Repayments Actual Repayments Comments
January 2010 $43.75 Available Jan 1  
February 2010 $31.25 Available Feb 1  
March 2010 $25.00 Available Mar 1  
April 2010 $25.00 Available Apr 1