Joy Domingo

Status: Paying Back

$550
Loan Request
Pre-Disbursed : Oct 23, 2009
Listed: Nov 8, 2009
Funded: Nov 9, 2009
33% repaid

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3200 PHP = 1 USD


About the Loan

Location: Sta. Cruz, Plaridel, Mis. Occ., Philippines   Repayment Term: 7 months
(more info)
Activity: Pigs   Repayment Schedule: Monthly
Loan Use: To use as additional capital for her hog-raising business   Currency Exchange Loss: Possible
      Default Protection: Covered
Mrs. Domingo is from the town of Sta. Cruz, Plaridel, Misamis Occidental. She is 34 years old, is married, and is blessed with two school-aged children.

Mrs. Domingo owns and operates a hog-raising business. She has been engaged in this business for more than six years and earns a PHP 10,000 monthly net income. She also has a monthly remittance from her husband, who is abroad, and income from her coco land.

In 2006, Mrs. Domingo joined PMPC to access its programs and services. Recently, she's obtaining her 6th loan of PHP 25,000 which will be used as additional capital for her business.


About PMPC:
Paglaum Multi-Purpose Cooperative (PMPC) is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.


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


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Journal entries for Joy Domingo


Loan has been disbursed
 
Entrepreneur: Joy Domingo
Location: Sta. Cruz, Plaridel, Mis. Occ., Philippines

Thank you for your loan. It has been disbursed to Joy Domingo by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 4 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 Sta. Cruz, Plaridel, Mis. Occ., Philippines
Nov 10, 2009
Comments (1)

Kiva Help Repayment Schedule for Joy Domingo

  Expected Repayments Actual Repayments Comments
January 2010 $61.11 $61.11 Repayment Received
February 2010 $122.22 $122.22 Repayment Received
March 2010 $122.23 Available Mar 1  
April 2010 $122.22 Available Apr 1  
May 2010 $122.22 Available May 1