This loan has been FULLY FUNDED by 7 lenders!
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Vicky Reyes
Status: Paying Back
| $175 |
Loan Request
Pre-Disbursed
: Dec 2, 2009
Listed: Dec 23, 2009
Funded: Dec 23, 2009
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33% repaid
More Loans from this Partner
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: | 9 months | ||||||
| Kiva Entrepreneurs: | 1849 | ||||||
| Total Loans: | $0 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 1.20% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Loan
| Location: | Panaon, Misamis. Occidental, Philippines | Repayment Term: | 8 months (more info) |
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| Activity: | Farming | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase fertilizer, such as manure | Currency Exchange Loss: | Possible | |
| Default Protection: | Covered |
Vicky Reyes is from the village of Poblacion in Panaon, Misamis Occidental. She is 44 years old. Vicky is married and has 4 school-aged children. To make a living, Vicky grows and sells rice. Vicky has been engaged in her business for over 5 years and earns approximately 3,000.00 PHP a month from these activities.
In 2009, Vicky joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Vicky has successfully repaid a previous loan of 5.000.00 PHP from GDMPC. Vicky is requesting a new loan of 7,000 PHP to purchase fertilizer, such as manure. This will be Vicky's second loanfrom GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks and small entrepreneurs.
*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 2009, Vicky joined GDMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Vicky has successfully repaid a previous loan of 5.000.00 PHP from GDMPC. Vicky is requesting a new loan of 7,000 PHP to purchase fertilizer, such as manure. This will be Vicky's second loanfrom GDMPC. She plans to use the additional revenue generated from the business to improve/expand her business.
About GDMPC:
GDMPC is one of the most progressive cooperatives in Mindanao, Philippines. It has four branches and three units offices covering the provinces of Zamboanga del Sur, Lanao del Norte and Misamis Occidental. Its membership is composed mostly of farmers, fisherfolks and small entrepreneurs.
*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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About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1175 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 46.6300 PHP = 1 USD |
7 Lenders to this Entrepreneur
Martin
Bo'ness, Falkirk
United Kingdom
John
Warlingham, Surrey
United Kingdom
Jana and Dave
Colorado Springs, CO
United States
Daniel
Pittsboro, IN
United States
Loren and Mistie
Seattle, WA
United States
Sara & Craig
Guelph, Ontario
Canada
Shelagh
Stittsville, Ontario
Canada
Top Lending Teams for this Entrepreneur
Journal entries for Vicky Reyes
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Subject: Loan to Vicky Reyes in Philippines has been 100% funded
Location: Panaon, Misamis. Occidental, Philippines
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Posted by
from Panaon, Misamis. Occidental, Philippines
Dec 23, 2009 |
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Comment on this entry
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Repayment Schedule for Vicky Reyes
Repayment Schedule for Vicky Reyes
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2010 | $0.00 | $14.60 | |||
| March 2010 | $29.17 | $14.57 |  Repayment Received
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| April 2010 | $29.16 | $29.16 | Repayment Received
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| May 2010 | $29.17 | Available May 1 | |||
| June 2010 | $29.17 | Available Jun 1 | |||
| July 2010 | $29.16 | Available Jul 1 | |||
| August 2010 | $29.17 | Available Aug 1 | |||
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