Remie Addun


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

Name: Remie Addun
Location: Santiago City, Isabela, Philippines
Activity: Pigs

About the Loan

Loan Amount: $325.00
Loan Use: To buy piglets
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 17, 2009
Date Disbursed: Mar 20, 2009
Date Funded:Apr 17, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.8446 PHP = 1 USD



Remie is engaged in the hog raising business in her village in Andarayan South of Solana, Cagayan. She is already 40 years old and is married to Emerlito, a public elementary school teacher. They have two children: Ariah Joy, who is in grade one, and James Aldrich, who is 4 years old and an incoming nursery student for the next school year. Remie is helping her husband earn a living for their family through her small business.


Remie is a college graduate with a degree in education. However, she prefers to be a full-time wife and teach her children good values, as well as establish her own business. Her pig pen is located at the back of their house. She has been managing her enterprise for almost four years. Her business has provided her family with their basic needs and at the same time assisted her husband in sending their children to school.


Remie maintains her hog raising business for the future of her children. In order to further develop her hog raising, Remie is asking for a loan amounting to PHP 15,000.00 that she will use to buy some piglets. She dreams that she can buy a jeep for a transport business someday and that somehow her children will finish their college educations.


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Journal entries for Remie Addun


Loan has been disbursed
 
Entrepreneur: Remie Addun
Location: Santiago City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Remie Addun 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 Santiago City, Isabela, Philippines
Apr 18, 2009
Comment on this entry

Hog raising business maintained
 
Entrepreneur: Remie Addun
Location: Santiago City, Isabela, Philippines

Remie is a hog raiser. Using her requested loan from the KIVA lenders, Remie was able to maintain her hog raising business by purchasing enough supply of feeds they needed for their growth. She hopes that she can also expand the business in the coming months through the continuous support of the lenders.


Posted by Kristine Victoria from Santiago City, Isabela, Philippines
Oct 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Remie Addun

  Expected Repayments Actual Repayments Comments
June 2009 $81.24 $81.24 Repayment Received
July 2009 $54.16 $54.16 Repayment Received
August 2009 $67.70 $67.70 Repayment Received
September 2009 $54.16 $54.16 Repayment Received
October 2009 $67.74 $67.74 Repayment Received