Geraldine Edmilao
Status: Paying Back
| $125 |
Loan Request
Pre-Disbursed
: Aug 20, 2009
Listed: Aug 26, 2009
Funded: Aug 27, 2009
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95% repaid
About the Field Partner
| Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) administers this loan. Learn more | |||||||
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| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 11 months | ||||||
| Kiva Entrepreneurs: | 2508 | ||||||
| Total Loans: | $424,025 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.02% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1175 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.7100 PHP = 1 USD |
About the Loan
| Location: | Talakag Bukidnon, Philippines | Repayment Term: | 7 months (more info) |
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| Activity: | Food Production/Sales | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase raw ingredients needed to make products for sale | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Geraldine Edmilao is from the village of Talakag Bukidnon. She is 26 years old. Geraldine is married and has three school-age children. To make a living, Geraldine operates a business venture making and selling food. The main source of income for the business comes from selling snacks and other delicacies in the local community. Geraldine has been engaged in her business for more than 10 years and earns approximately 5,000 Philippine pesos a month for these activities.
In 2009, Geraldine joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Geraldine is requesting a loan of 5,000 PHP, which will be used to purchase raw ingredients needed to make products for sale. This will be the first loan taken out by Geraldine from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.
About HSPFI:
HSPFI is one of the 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
In 2009, Geraldine joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Geraldine is requesting a loan of 5,000 PHP, which will be used to purchase raw ingredients needed to make products for sale. This will be the first loan taken out by Geraldine from HSPFI. She plans to use the additional revenue generated from the business to support the education of her children.
About HSPFI:
HSPFI is one of the 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 Geraldine Edmilao
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Loan has been disbursed
Location: Talakag Bukidnon, Philippines
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Posted by
from Talakag Bukidnon, Philippines
Aug 28, 2009 |
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Comment on this entry
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Loan update
Location: Talakag Bukidnon, Philippines
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Posted by
Ma. Soccoro Gumban from Talakag Bukidnon, Philippines
Feb 5, 2010 |
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Comment on this entry
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Repayment Schedule for Geraldine Edmilao
Repayment Schedule for Geraldine Edmilao
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $12.50 | $12.50 |  Repayment Received
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| November 2009 | $25.00 | $25.00 | Repayment Received
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| December 2009 | $25.00 | $25.00 | Repayment Received
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| January 2010 | $31.25 | $31.25 | Repayment Received
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| February 2010 | $25.00 | $25.00 | Repayment Received
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| March 2010 | $6.25 | Available Mar 1 | |||
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