Evelyn Nailes

Status: Paid Back

$125
Loan Request
Pre-Disbursed : Aug 3, 2009
Listed: Sep 1, 2009
Funded: Sep 1, 2009
$125
Paid Back
Ended: Jan 15, 2010

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:48.8720 PHP = 1 USD


About the Loan

Location: Tagoloan , Misamis Oriental, Philippines   Repayment Term: 6 months
(more info)
Activity: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: To purchase the raw ingredients needed to make products to sell   Currency Exchange Loss: Covered
      Default Protection: Covered
Evelyn Nailes is from the village of Tagoloan in Misamis Oriental. She is 37 years old. Evelyn is married and has 4 school-aged children. To make a living, Evelyn sells snacks and other delicacies in the local community. Evelyn just started this business.

In 2009, Evelyn joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Evelyn is requesting a new loan of 5000 PHP which will be used to purchase raw ingredients needed to make products for sale. This will be Evelyn's first loan from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.

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 Evelyn Nailes


Loan has been disbursed
 
Entrepreneur: Evelyn Nailes
Location: Tagoloan , Misamis Oriental, Philippines

Thank you for your loan. It has been disbursed to Evelyn Nailes 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 Tagoloan , Misamis Oriental, Philippines
Sep 2, 2009
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Kiva Help Repayment Schedule for Evelyn Nailes

  Expected Repayments Actual Repayments Comments
November 2009 $50.00 $50.00 Repayment Received
December 2009 $25.00 $31.25 Repayment Received
January 2010 $31.25 $25.00 Repayment Received
February 2010 $18.75 $18.75 Repayment Received