Flaviana Llanasa

Status: Paying Back

$175
Loan Request
Pre-Disbursed : Nov 17, 2009
Listed: Dec 1, 2009
Funded: Dec 2, 2009
30% repaid

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:47.0740 PHP = 1 USD


About the Loan

Location: Camiguin , Province, Philippines   Repayment Term: 7 months
(more info)
Activity: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: To invest in expanding her business   Currency Exchange Loss: Covered
      Default Protection: Covered
Flaviana Llanasa is from the village of Mambajao, Camiguin. She is 45 years old. Flaviana is married and has five school-age children. To make a living, Flaviana owns and operates a business venture in the food sector making and selling food. The main source of income for the business comes primarily from selling snacks and other delicacies in the local community. Flaviana has been engaged in her business for over three years, and she earns approximately 5000 PHP a month for these activities.


In 2009, Flaviana joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Flaviana has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to purchase raw ingredients needed to make products for sale. Flaviana is requesting a new loan of 8000 PHP, which will be used to invest in expanding her business. This loan will be the second loan taken out by Flaviana from HSPFI. She plans to use the additional revenue generated from the business to improve/expand her business.


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 Flaviana Llanasa


Loan to Flaviana Llanasa in Philippines has been 100% funded
 
Entrepreneur: Flaviana Llanasa
Location: Camiguin , Province, Philippines

Thanks to you and 6 other Kiva Lenders, the 175.00 loan requested by Flaviana Llanasa in Philippines has been 100% funded. The loan will be used for the purpose of: To invest in expanding her business.

Over the months of this loan, Kiva’s Field Partner in Philippines, 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 Camiguin , Province, Philippines
Dec 2, 2009
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Kiva Help Repayment Schedule for Flaviana Llanasa

  Expected Repayments Actual Repayments Comments
February 2010 $52.50 $52.50 Repayment Received
March 2010 $35.00 Available Mar 1  
April 2010 $35.00 Available Apr 1  
May 2010 $43.75 Available May 1  
June 2010 $8.75 Available Jun 1