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This loan has been successfully completed. You can read all of Gigi's updates below.
Gigi Lepiten, Philippines
- Location: San Remegio, Cebu, Philippines
- Activity type: Internet Cafe
- Date listed: 05 April, 2011
- Total loan requested: £855.48
Gigi Lepiten is
100% complete
Original loan requested: £855.48
Activity type:
Internet Cafe
Gigi Lepiten is 40 years old and married with two children. He decided to establish his own internet café in 2008 after he noticed the high demand for various computer services in his locality, San Remegio, particularly from students. Typically students require computers for research, writing and printing school projects and his internet cafe has become increasingly popular. Gigi has applied for a loan from the microfinance organisation, First Consolidated, to buy more personal computers, since often customers have to wait for a unit to become available. He has a steady daily income and he stays open long hours and expects to repay the loan over just four months. Both his children help him to manage the business, especially at weekends. His aim is to ensure that he can pay for the best education for his children and expand his business further.
Entrepreneur updates
There are no updates available yet.
Repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| June 2011 | £77.77 | £89.02 |
| July 2011 | £194.43 | £188.94 |
| August 2011 | £194.43 | £187.19 |
| September 2011 | £194.43 | £195.52 |
| October 2011 | £194.42 | £191.22 |
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