Rita Obordo


Status: Paid Back

$125.00   Loan Request
$125.00   Paid Back

About the Entrepreneur

Name: Rita Obordo
Location: Sibutad, Zdn, Philippines
Activity: Fish Selling

About the Loan

Loan Amount: $125.00
Loan Use: additional capital for fish-vending
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 31, 2009
Date Disbursed: Mar 10, 2009
Date Funded:Mar 31, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.3676 PHP = 1 USD



Rita Obordo, one of Paglaum's members, is married to a very industrious farmer. Rita has four children. The couple is presently residing at Magsaysay, Sibutad, ZDN.



They are engaged in fish and "sari-sari" (variety) store vending. Presently, Rita is applying to access a loan amounting to five thousand pesos Php 5,000 as additional capital for her fish-selling, so she can cope with the demand of her customers.



As always, Rita is hoping that someday she can expand her present businesses and can send her children to school and have them finish their desired courses in the future.


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Journal entries for Rita Obordo


Loan has been disbursed
 
Entrepreneur: Rita Obordo
Location: Sibutad, Zdn, Philippines

Thank you for your loan. It has been disbursed to Rita Obordo by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 6 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 Sibutad, Zdn, Philippines
Apr 1, 2009
Comment on this entry

Rita on her Fish Selling Business
 
Entrepreneur: Rita Obordo
Location: Sibutad, Zdn, Philippines

Si Rita kanunay naningkamut nga makatubag siya sa panginahanglanon sa iya pamilya mao nga walay kupas ang iyang pagpaninda ug isda.

Makita sa iya record na maayo siya mubayad sa iyang loan especilly when it is due.

Thanks to KiVA and PMPC, she said.


Posted by Fe Loquente from Sibutad, Zdn, Philippines
Apr 8, 2009
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Kiva Help Repayment Schedule for Rita Obordo

  Expected Repayments Actual Repayments Comments
June 2009 $25.00 $35.76 Repayment Received
July 2009 $20.00 $16.01 Repayment Received
August 2009 $25.00 $25.00 Repayment Received
September 2009 $20.00 $16.30 Repayment Received
October 2009 $25.00 $21.93 Repayment Received
November 2009 $10.00 $10.00 Repayment Received