Gaudiosa Cimafranca


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Gaudiosa Cimafranca
Location: Antipolo, Dapitan City, Zambo.del Norte, Philippines
Activity: Retail

About the Loan

Loan Amount: $325.00
Loan Use: To purchase merchandise for her sari-sari store
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 3, 2009
Date Disbursed: Jan 7, 2009
Date Funded:Feb 3, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.4850 PHP = 1 USD



Gaudiosa Cimafranca is 59 years old, happily married, and currently living at Purok Bayong, Antipolo Dapitan City. Her husband is a farmer and they have four children and only one is in school. Their main source of income is their small rice field. However it tends to be difficult for them to buy fertilizers after paying the wages they give to their helpers in the field. Gaudiosa wants to start a new project, a sari-sari store business. She decided to join a Cooperative and chose Paglaum MPC on March 26, 2006.

Her first loan 3,000 PHP was used to buy fertilizers. She bought pigs when her loan was increased to larger amounts. The income from their fields and from her pigs helped pay for her children's studies. She sees an improvement in her life with the loans from Paglaum. Now, she requests a 14,900PHP loan to buy merchandise for her sari-sari (small grocery store). She wants to make her new business a success and increase their standard of living.


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Journal entries for Gaudiosa Cimafranca


Loan has been disbursed
 
Entrepreneur: Gaudiosa Cimafranca
Location: Antipolo, Dapitan City, Zambo.del Norte, Philippines

Thank you for your loan. It has been disbursed to Gaudiosa Cimafranca 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 Antipolo, Dapitan City, Zambo.del Norte, Philippines
Feb 4, 2009
Comment on this entry

Gaudiosa's Store..
 
Entrepreneur: Gaudiosa Cimafranca
Location: Antipolo, Dapitan City, Zambo.del Norte, Philippines

As usual she's been very busy entertaining her customers at her store. With our conversation, she told me that she is gaining from her sari-sari store business and aside from this, she still managed to raise her pigs. She's been able to pay her weekly obligations and is very happy being a member of Paglaum MPC.


Posted by Mayanita Awa from Antipolo, Dapitan City, Zambo.del Norte, Philippines
Feb 24, 2009
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Kiva Help Repayment Schedule for Gaudiosa Cimafranca

  Expected Repayments Actual Repayments Comments
April 2009 $40.60 $50.81 Repayment Received
May 2009 $40.60 $90.60 Repayment Received
June 2009 $32.48 $0.00 Repayment Received
July 2009 $32.48 $15.25 Repayment Received
August 2009 $40.60 $40.71 Repayment Received
September 2009 $32.48 $32.57 Repayment Received
October 2009 $32.48 $32.57 Repayment Received
November 2009 $40.60 $21.05 Repayment Received
December 2009 $32.68 $41.44 Repayment Received