Maria Diega Limpag

Status: Paying Back

$625
Loan Request
Pre-Disbursed : Jun 26, 2009
Listed: Jul 18, 2009
Funded: Jul 19, 2009
48% repaid

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:48.0900 PHP = 1 USD


About the Loan

Location: Aurora, Zamboanga Del Sur, Philippines   Repayment Term: 20 months
(more info)
Activity: Flowers   Repayment Schedule: Monthly
Loan Use: expansion of flower garden   Currency Exchange Loss: Possible
      Default Protection: Covered
Maria Diega is from the village of Balintawak, Aurora, Zamboanga Del Sur. To make a living, Maria operates a flower garden where she grows flowers for sale in the retail sector. While not the only means for generating revenue, the main source of income for the business, comes from selling flowers to local community members. Maria has been engaged in her business for over 3 years and earns approximately 6,000 PHP a month for these activities.



In 2009, Maria joined PMPC to gain access to financial to help improve her living situation and ability to engage in business activities. Maria has successfully repaid a previous loan of 3,000 from PMPC. This previous loan was used to invest in expanding the business. Maria is requesting a new loan of 30,000 which will be used to invest in expanding the business. This will be the 2nd loan taken out by Maria from PMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.


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Journal entries for Maria Diega Limpag


Loan has been disbursed
 
Entrepreneur: Maria Diega Limpag
Location: Aurora, Zamboanga Del Sur, Philippines

Thank you for your loan. It has been disbursed to Maria Diega Limpag by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 17 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 Aurora, Zamboanga Del Sur, Philippines
Jul 20, 2009
Comment on this entry

Flowers!
 
Entrepreneur: Maria Diega Limpag
Location: Aurora, Zamboanga Del Sur, Philippines

I never get tired in taking care of my flowers. Its a hobby that I earn too. SAlamat for supporting my capital needs.


Posted by Lysette Asombrado from Aurora, Zamboanga Del Sur, Philippines
Aug 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Maria Diega Limpag

  Expected Repayments Actual Repayments Comments
September 2009 $25.68 $37.76 Repayment Received
October 2009 $34.24 $33.36 Repayment Received
November 2009 $42.80 $46.11 Repayment Received
December 2009 $34.24 $50.01 Repayment Received
January 2010 $34.24 $95.60 Repayment Received
February 2010 $42.80 $41.69 Repayment Received
March 2010 $34.24 Available Mar 1 Repayment Received
April 2010 $34.24 Available Apr 1 Repayment Received
May 2010 $42.80 Available May 1  
June 2010 $34.24 Available Jun 1  
July 2010 $34.24 Available Jul 1  
August 2010 $42.80 Available Aug 1  
September 2010 $34.24 Available Sep 1  
October 2010 $34.24 Available Oct 1  
November 2010 $42.80 Available Nov 1  
December 2010 $34.24 Available Dec 1  
January 2011 $34.24 Available Jan 1  
February 2011 $8.68 Available Feb 1