Remedios Pajo


Status: Paying Back

$125.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Remedios Pajo
Location: Valencia City, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: to purchase additional products to sell
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 5, 2009
Date Disbursed: Oct 9, 2009
Date Funded:Nov 5, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.6651 PHP = 1 USD



Remedios Pajo is from the village of Palacapao, Quezon Bukidnon. She is 64 years old. Remedios is married and has 2 children. To make a living, Remedios owns and operates a sari-sari (variety) retail shop. The main source of income for the business comes from selling both food and daily use products in the local community. Remedios has been engaged in her business for over 5 years and earns approximately 5000 PHP a month for these activities.



In 2009, Remedios joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Remedios is requesting a loan of 5,000 PHP which will be used to purchase additional products to sell. This will be the 1st loan taken out by Remedios from HSPFI. She plans to use the additional revenue generated from the business to improve/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.



*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


Subscribe

Lenders to this entrepreneur

Caroline
Jackson, MS
United States

Jane
KivaFriends.org, Halifax, NS
Canada

Heiko
Nordenham,
Germany

Financially Savvy
Henderson, NV
United States

Rebecca
Lakewood, WA
United States



Top Lending Teams for this entrepreneur


Globalize it !
Common Interest
1 Member

Crazy Canucks
Local Area
713 Members

Journal entries for Remedios Pajo


Loan has been disbursed
 
Entrepreneur: Remedios Pajo
Location: Valencia City, Philippines

Thank you for your loan. It has been disbursed to Remedios Pajo 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 6, 2009
Comment on this entry

Kiva Help Repayment Schedule for Remedios Pajo

  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