Presentacion Jumao-as

Status: Paid Back

$175
Loan Request
Pre-Disbursed : Aug 7, 2009
Listed: Aug 22, 2009
Funded: Aug 22, 2009
$175
Paid Back
Ended: Jan 15, 2010

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:48.3850 PHP = 1 USD


About the Loan

Location: Lantay, Valencia Bukidnon, Philippines   Repayment Term: 6 months
(more info)
Activity: General Store   Repayment Schedule: Monthly
Loan Use: To purchase additional products to sell   Currency Exchange Loss: Covered
      Default Protection: Covered
Presentacion Jumao-as, age 52, is from the village of Lantay, Pangantucan Bukidnon. Presentacion is widowed and has eight grown children. To make a living, Presentacion runs a sari-sari, which is a general store. The main source of income for the business comes primarily from selling both food and daily-use products in the local community. Presentacion has been engaged in her business for over five years and earns approximately 2,000 PHP a month.


In 2009, Presentacion joined HSPFI to gain access to financial services. Her goal was to help improve her living situation and to increase her ability to engage in business activities. Presentacion has successfully repaid one previous loan of 5,000 PHP from HSPFI. Presentacion is requesting a new loan of 8,000 PHP, which will be used to purchase additional products to sell.


She plans to use the additional revenue generated from the business to supplement her family's income and to pay debts.


About HSPFI:


HSPFI is one of accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of northern Mindanao.


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



Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi


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Journal entries for Presentacion Jumao-as


Loan has been disbursed
 
Entrepreneur: Presentacion Jumao-as
Location: Lantay, Valencia Bukidnon, Philippines

Thank you for your loan. It has been disbursed to Presentacion Jumao-as by Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lantay, Valencia Bukidnon, Philippines
Aug 23, 2009
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Loan Updates
 
Entrepreneur: Presentacion Jumao-as
Location: Lantay, Valencia Bukidnon, Philippines

To all my lenders, it is a heartfelt thanks for your very sincere support towards my loan. Than you so much for giving me the chance to make the best of my abilities in running my business well. It is such a blessing to my family.


Posted by sonjelie pagobo from Lantay, Valencia Bukidnon, Philippines
Nov 4, 2009
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Kiva Help Repayment Schedule for Presentacion Jumao-as

  Expected Repayments Actual Repayments Comments
October 2009 $26.25 $52.50 Repayment Received
November 2009 $35.00 $35.00 Repayment Received
December 2009 $43.75 $35.00 Repayment Received
January 2010 $35.00 $35.00 Repayment Received
February 2010 $35.00 $17.50 Repayment Received