Trinidad Mateo

Status: Paid Back

$175.00		Loan Request
$175.00		Paid Back

About the Entrepreneur

Name:	Trinidad Mateo
Location:	Ilagan, Isabela, Philippines
Activity:	Fruits & Vegetables

About the Loan

Loan Amount:	$175.00
Loan Use:	To expand her vegetable business
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 15, 2009
Date Disbursed:	Mar 16, 2009
Date Funded:	Apr 15, 2009
Loan Ended:	Sep 15, 2009

About the Field Partner

Field Partner:

Alalay sa Kaunlaran, Inc. (ASKI)

Field Partner Risk Rating:

(Learn more)

Active

12 months

2870

$559,900

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Philippines
Avg Annual Income:	$1,175.00
Currency:	Philippines Pesos (PHP)
Exchange Rate:	47.0814 PHP = 1 USD

Trinidad is engaged in vegetable vending in her village of Barangay Rizal, Quirino, Isabela. She is 52 years old and married to Mario, her business partner. The couple was gifted with six children: Ena is 33 years old and a high school graduate; Mateo is 31 years old and an elementary undergraduate; Florence is 27 years old and a high school graduate; Rizaldy is 24 years old and in the first year of college; Trimar is 18 years old; and the youngest is Jenifer, who is 13 years old and who will be in the first year of high school this coming school year. The couple is working hard to send their children to school and hoping that they will earn college degrees.

Vending is their only source of income. Trinindad and her husband are doing their best to support the immediate needs of their family and the educational needs of their children. She hopes to borrow PHP 8,000.00, which will assist her in her vending business. She hoped that through this loan, her income will increase and her family will have a progressive way of living. In spite of the difficulties she experiences in selling her products, she continues to work hard for the future of her children.

Lenders to this entrepreneur

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Steven
Cheltenham, Gloucestershire
United Kingdom

Odette
Gibsons, British Columbia
Canada

Jenny
San Francisco, CA
United States

David G
Kanata, Ontario
Canada

Edith
Brooklyn, NY
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

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Journal entries for Trinidad Mateo

Loan has been disbursed Entrepreneur: Trinidad Mateo Location: Ilagan, Isabela, Philippines Thank you for your loan. It has been disbursed to Trinidad Mateo by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Ilagan, Isabela, Philippines Apr 16, 2009
Comment on this entry

Vending different goods, gives higher income Entrepreneur: Trinidad Mateo Location: Ilagan, Isabela, Philippines Trinidad was so happy to have additional capital to purchasing more vegetables that she used to retail in their village. She also sells fishes and fruits to further earn income. She wants to extend her thanks to all Kiva Lenders for having a good heart and supporting her. ************************************************************ About ASKI: ASKI’s Vision: A God-centered, model microfinance organization committed to serving the needy in Luzon through socio-economic development and holistic transformation. To see ASKI borrowers who are currently fund raising on Kiva click Here To read more about ASKI visit their partner profile page Here Support ASKI and their staff and join the ASKI lending team Here
Posted by Drew Loizeaux from Ilagan, Isabela, Philippines Jun 29, 2009
Comment on this entry

Successfully paid loan through her business Entrepreneur: Trinidad Mateo Location: Ilagan, Isabela, Philippines Trinidad is thankful to all the KIVA lenders who supported her business. Through her income, she was able to paid back her loan and able to maintain her vending business. She hopes that her business will continue to grow so she can provide the needs of her family.
Posted by Kristine Victoria from Ilagan, Isabela, Philippines Nov 17, 2009
Comment on this entry

Repayment Schedule for Trinidad Mateo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2009	$51.17	$51.12	Repayment Received
July 2009	$29.24	$29.24	Repayment Received
August 2009	$36.55	$36.55	Repayment Received
September 2009	$29.24	$29.29	Repayment Received
October 2009	$28.80	$28.80	Repayment Received