Domingga Agan


Status: Paid Back

$275.00   Loan Request
$275.00   Paid Back

About the Entrepreneur

Name: Domingga Agan
Location: Danao, Plaridel, Misamis Occidental, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $275.00
Loan Use: Purchase of fishing net
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 23, 2008
Date Disbursed: Oct 31, 2008
Date Funded:Nov 24, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.9940 PHP = 1 USD



Mrs. Dominga Agan lives in a small nipa (palm leaf) house in Barangay Danao, one of the depressed coastal areas in the Municipality of Plaridel. She was married as young as 16 years old and had three kids. Two of her kids worked at the fishing ferryboat, while the other one was disabled by polio and died when he was still young. In 2007, her husband died and she received a full insurance benefit from Paglaum MPC.

Her main source of income is derived from the selling of fresh fish. Being a member in good standing, she always pays attention to her loans. She wants financial assistance amounting to PHP 13,000.00 for the purchase of a fishing net. Through this project, she dreams of obtaining additional income in order to repair her house and for their daily needs.


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Journal entries for Domingga Agan


Loan has been disbursed
 
Entrepreneur: Domingga Agan
Location: Danao, Plaridel, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Domingga Agan by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the next 9 months, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Danao, Plaridel, Misamis Occidental, Philippines
Nov 25, 2008
Comments (1)

A better life for Dominga!!!
 
Entrepreneur: Domingga Agan
Location: Danao, Plaridel, Misamis Occidental, Philippines

KIVA gave a way to make the life of Domingga Agan better. By funding the loan she requested, she was able to buy the additional fish net she needed. Domingga is serious in finding ways to improve their lives. The old fish net is still useful even if it was already worne out. She doesn't get the feeling of frustration if there are bad days as in the weather is bad and there is zero catch. Life must go on, she said. Its so amazing to see Domingga so brave to face the realities of life. But she is positive looking forward for life to get even better. All this time, she is motivated to work hard with her children on her side.

Next steps after the fish net project would be for their house to be repaired. She can see it clearly as early as now that their house will be in perfect shape.


Posted by Lysette Asombrado from Danao, Plaridel, Misamis Occidental, Philippines
Dec 28, 2008
Comments (3)

Kiva Help Repayment Schedule for Domingga Agan

  Expected Repayments Actual Repayments Comments
January 2009 $20.64 $13.76 Repayment Received
February 2009 $27.52 $34.39 Repayment Received
March 2009 $34.40 $41.25 Repayment Received
April 2009 $27.52 $20.63 Repayment Received
May 2009 $27.52 $34.34 Repayment Received
June 2009 $27.52 $27.50 Repayment Received
July 2009 $34.40 $41.25 Repayment Received
August 2009 $27.52 $61.88 Repayment Received
September 2009 $34.40 $0.00 Repayment Received
October 2009 $13.56 $0.00 Repayment Received