Mary Rose Asuncion

Status: Paid Back

$175.00		Loan Request
$175.00		Paid Back

About the Entrepreneur

Name:	Mary Rose Asuncion
Location:	Cauayan City, Isabela, Philippines
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$175.00
Loan Use:	Business development & school fees.
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 27, 2009
Date Disbursed:	Apr 17, 2009
Date Funded:	Apr 27, 2009
Loan Ended:	Oct 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:	48.6973 PHP = 1 USD

Mary Rose is 51 years old. She and her husband are separated. Their three children are already married. Her children are Minerva – 34 yrs. old, Mary Joy – 32 yrs. old and Jomar - 29 yrs. old.

Mary Rose manages a vending business in her village to support her daily needs and to support the needs of her grandchildren. She lives in the rural village of Del Pilar in Cabatuan, Isabela. She sells different commodities like snacks and she also sells rice. Since it is summer, she has decided to sell halo-halo which is in demand during this time of the year. She wants to take a loan of PHP 8, 000 (USD 175) for further development of her business and to save some of her income to provide for the educational needs of her grandchildren for the next school year. Vending has been her sole source of income and she is patiently improving it.

Lenders to this entrepreneur

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Kelly
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A C & Marilyn
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carla
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Top Lending Teams for this entrepreneur

RestoringTouch
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Catholic Kiva
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Journal entries for Mary Rose Asuncion

Loan has been disbursed Entrepreneur: Mary Rose Asuncion Location: Cauayan City, Isabela, Philippines Thank you for your loan. It has been disbursed to Mary Rose Asuncion 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 Cauayan City, Isabela, Philippines Apr 28, 2009
Comment on this entry

“Cold drinks for sale” Entrepreneur: Mary Rose Asuncion Location: Cauayan City, Isabela, Philippines Mary Rose used her loan to purchase some grocery items, specifically soft drinks, which are one of the most popular items in her village. She is very thankful to ASKI and the Kiva Lenders for supporting her business that is working well at present. ******************************************************* 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 Did you like getting this update? Join the ASKI lending team and support their work Here
Posted by Drew Loizeaux from Cauayan City, Isabela, Philippines May 28, 2009
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Repayment Schedule for Mary Rose Asuncion

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	Expected Repayments	Actual Repayments	Comments
June 2009	$14.62	$14.60	Repayment Received
July 2009	$29.24	$29.24	Repayment Received
August 2009	$36.55	$36.55	Repayment Received
September 2009	$29.24	$29.26	Repayment Received
October 2009	$36.55	$36.55	Repayment Received
November 2009	$28.80	$28.80	Repayment Received