Merlie Heyrana

Status: Paying Back

$125
Loan Request
Pre-Disbursed : Oct 14, 2009
Listed: Nov 1, 2009
Funded: Nov 1, 2009
44% repaid

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:47.7000 PHP = 1 USD


About the Loan

Location: Purok 3 San Apolinario, Tangub City, Mindanao, Philippines   Repayment Term: 8 months
(more info)
Activity: Fishing   Repayment Schedule: Monthly
Loan Use: To purchase additional fishing nets   Currency Exchange Loss: Possible
      Default Protection: Covered
Mrs. Merlie Heyrana, 28 years of age, is married and is a resident of Purok 3, San Apolinario, Tangub City. She has one child, 2 years old. Her husband, Mr. Ronald Heyrana, is presently engaged in fishing with an average net income of P600 a day.

With a capitalization of only P3,000, they were able to purchase a fishing net fifteen years ago. With a good income, they were able to sustain their fishing livelihood.

As a new member of PMPC, Mrs. Heyrana was able to obtain a loan of P5,000 under the Medal Pangnegosyo loan program. The proceeds of her loan will be used to purchase additional fishing nets.

Mrs. Heyrana is very interested in the programs and services of Paglaum, specially insurance, and that is why she was very eager to join Paglaum Coop.


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Journal entries for Merlie Heyrana


Loan has been disbursed
 
Entrepreneur: Merlie Heyrana
Location: Purok 3 San Apolinario, Tangub City, Mindanao, Philippines

Thank you for your loan. It has been disbursed to Merlie Heyrana 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 Purok 3 San Apolinario, Tangub City, Mindanao, Philippines
Nov 2, 2009
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Kiva Help Repayment Schedule for Merlie Heyrana

  Expected Repayments Actual Repayments Comments
January 2010 $30.00 $30.00 Repayment Received
February 2010 $25.00 $25.00 Repayment Received
March 2010 $20.00 Available Mar 1  
April 2010 $20.00 Available Apr 1  
May 2010 $25.00 Available May 1  
June 2010 $5.00 Available Jun 1