Jennie Temporada

Status: Paid Back

$150
Loan Request
Pre-Disbursed : May 21, 2009
Listed: Jun 12, 2009
Funded: Jun 13, 2009
$150
Paid Back
Ended: Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3821 PHP = 1 USD


About the Loan

Location: Aloran, Misamis Occidental, Philippines   Repayment Term: 8 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: To buy additional products to sell   Currency Exchange Loss: Covered
      Default Protection: Covered
Jennie Temporada is from the town of Aloran, Misamis, Occidental. She is 32 years old. Jennie is married and has 3 school-aged children. To make a living, Jennie owns and operates a "sari-sari" (general store) business. While not the only means for generating revenue, the main source of income for the business comes primarily from selling a variety of different products in the local community. Jennie has been engaged in her business for over 3 years and earns approximately 6000 PHP a month for these activities.

In 2007, Jennie joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Jennie has successfully repaid a previous loan from PMPC. Jennie is requesting a new loan of 7000 PHP which will be used to purchase additional products to sell. This loan will be the fourth loan taken out by Jennie from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About PMPC: Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.

*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, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.


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Lenders to this entrepreneur

Sanjiv
Peckham, London
United Kingdom

Larry and Barb
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Val & Derek
Thornton, Colorado
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Barbara
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Anonymous
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Journal entries for Jennie Temporada


Loan has been disbursed
 
Entrepreneur: Jennie Temporada
Location: Aloran, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Jennie Temporada by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 5 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 Aloran, Misamis Occidental, Philippines
Jun 14, 2009
Comment on this entry

Jennie!
 
Entrepreneur: Jennie Temporada
Location: Aloran, Misamis Occidental, Philippines

Dako akong kalipay nga ang Paglaum ug ang mga Kiva Lenders nitabang sa akong negosyo. Daghang salamat!


Posted by Lysette Asombrado from Aloran, Misamis Occidental, Philippines
Sep 23, 2009
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Kiva Help Repayment Schedule for Jennie Temporada

  Expected Repayments Actual Repayments Comments
August 2009 $24.00 $30.00 Repayment Received
September 2009 $30.00 $24.00 Repayment Received
October 2009 $24.00 $36.00 Repayment Received
November 2009 $30.00 $25.04 Repayment Received
December 2009 $24.00 $34.96 Repayment Received
January 2010 $18.00 $0.00 Repayment Received