Maimona Cayda
Status: Paying Back
| $225 |
Loan Request
Pre-Disbursed
: Nov 24, 2009
Listed: Nov 26, 2009
Funded: Nov 26, 2009
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22% repaid
About the Field Partner
| Gata Daku Multi-purpose Cooperative (GDMPC) administers this loan. Learn more | |||||||
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| Field Partner: | Gata Daku Multi-purpose Cooperative (GDMPC) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 8 months | ||||||
| Kiva Entrepreneurs: | 1593 | ||||||
| Total Loans: | $324,975 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 2.10% | ||||||
| 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: | 46.7440 PHP = 1 USD |
About the Loan
| Location: | San Carlos, Tukuran,zamboanga Del Sur, Philippines | Repayment Term: | 8 months (more info) |
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| Activity: | General Store | Repayment Schedule: | Monthly | |
| Loan Use: | to purchase additional products to sell | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Maimona Cayda is from the village of San Carlos, Tukuran Zamboanga Del Sur. She is 42 years old. Maimona is married and has 2 school-aged children. To make a living, Maimona owns & operates a general store. Among other things, the store sells daily use products such as shampoo, soap & toothpaste to the local community. Maimona has been engaged in her business for over 5 years and earns approximately 8,000 PHP a month for these activities.
In 2008, Maimona joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Maimona has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used to purchase additional products to sell. Maimona is requesting a new loan of 10,000 PHP which will be used to purchase additional merchandise. This loan will be the second loan taken out by Maimona from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's family.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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.
In 2008, Maimona joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Maimona has successfully repaid a previous loan of 10,000 PHP from GDMPC. This previous loan was used to purchase additional products to sell. Maimona is requesting a new loan of 10,000 PHP which will be used to purchase additional merchandise. This loan will be the second loan taken out by Maimona from GDMPC. She plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's family.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines.
*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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Lenders to this entrepreneur
Armin
Pleasanton, CA
United States
Mitch Aase
Rockport, MA
United States
Perry
Livermore, CA
United States
Journal entries for Maimona Cayda
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Loan to Maimona Cayda in Philippines has been 100% funded
Location: San Carlos, Tukuran,zamboanga Del Sur, Philippines
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Posted by
from San Carlos, Tukuran,zamboanga Del Sur, Philippines
Nov 26, 2009 |
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Comment on this entry
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Repayment Schedule for Maimona Cayda
Repayment Schedule for Maimona Cayda
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2010 | $0.00 | $4.27 | |||
| February 2010 | $37.50 | $47.02 |  Repayment Received
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| March 2010 | $37.50 | Available Mar 1 | |||
| April 2010 | $37.50 | Available Apr 1 | |||
| May 2010 | $37.50 | Available May 1 | |||
| June 2010 | $37.50 | Available Jun 1 | |||
| July 2010 | $37.50 | Available Jul 1 | |||
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