Elizabeth Castro


Status: Paying Back

$850.00   Loan Amount
49% repaid

About the Entrepreneur

Name: Elizabeth Castro
Location: Aloran, Misamis Occidental, Philippines
Activity: Used Clothing

About the Loan

Loan Amount: $850.00
Loan Use: Buy bundles of used clothing
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 17, 2009
Date Disbursed: Apr 17, 2009
Date Funded:Apr 19, 2009

About the Country

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



Mrs. Elizabeth Castro has enjoyed more than a year of association with Paglaum Multi Purpose Cooperative, a partner through thick and thin for her business. Her primary source of income is selling used clothing. It’s a daily challenge for her to submit her loan payments on time, but this has now become a habit. Elizabeth is 57 years old, married, and has eight children. She tells us with pride that she is able to nurture all her children well. Finishing a degree was far out of sight for her and she only reached the fourth year high school. But, she’s happy that she was able to send her children to school. In fact, she has now children working abroad. She has applied with Paglaum MPC for a loan of PHP 40,000. With this loan she will purchase additional bundles of used clothing. She wants to expand her business by opening another used clothing store.

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Journal entries for Elizabeth Castro


Loan has been disbursed
 
Entrepreneur: Elizabeth Castro
Location: Aloran, Misamis Occidental, Philippines

Thank you for your loan. It has been disbursed to Elizabeth Castro by Paglaum Multi-Purpose Cooperative (PMPC) in Philippines. We are excited to watch this business grow. Over the 12 months of this loan, Paglaum Multi-Purpose Cooperative (PMPC) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Aloran, Misamis Occidental, Philippines
Apr 20, 2009
Comment on this entry

update for Elizabeth Castro
 
Entrepreneur: Elizabeth Castro
Location: Aloran, Misamis Occidental, Philippines

Daghang ang napalit ni Elizabeth Castro dugang puhonan sa iya "okay-okay" used clothing business. Bundle nga mga okay-okay iya napalit . Pinaage niini nadugangan iyaha capital ug iya income.


Posted by Florinda Agan from Aloran, Misamis Occidental, Philippines
Sep 29, 2009
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Kiva Help Repayment Schedule for Elizabeth Castro

  Expected Repayments Actual Repayments Comments
July 2009 $70.83 $70.85 Repayment Received
August 2009 $70.83 $70.85 Repayment Received
September 2009 $70.83 $70.85 Repayment Received
October 2009 $70.83 $70.85 Repayment Received
November 2009 $70.83 $70.75 Repayment Received
December 2009 $70.83 $70.83 Repayment Received
January 2010 $70.83 Available Jan 1  
February 2010 $70.83 Available Feb 1  
March 2010 $70.83 Available Mar 1  
April 2010 $70.83 Available Apr 1  
May 2010 $70.83 Available May 1  
June 2010 $70.87 Available Jun 1