Evelyn Villaruz


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Entrepreneur

Name: Evelyn Villaruz
Location: Solano, Nueva Vizcaya, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $250.00
Loan Use: to expand a small business growing and selling vegetables
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 6, 2009
Date Disbursed: Apr 7, 2009
Date Funded:May 6, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1000 PHP = 1 USD



Evelyn believes that “patience is the knot which secures victory; it is in the garden of patience that strength grows best.”

This is her inspiring message, and she recalls it whenever facing challenges. She is a housewife who makes a living selling vegetables in a nearby village. Her goal is to help her husband meet some of the needs they have at home. They live in Nangalisan Bagabag, Nueva Vizcaya and have four children who are all studying, two in college and one each in high school and elementary school.

They earn income from a rice and vegetable farm managed by her husband, while Evelyn sells vegetables in town. They plant and harvest twice a year, and work very hard to provide necessities like education. Evelyn hopes to secure this loan to maintain their vegetable and rice farm, and her sale of vegetables in their village. She hopes that with their patience and sacrifices, they will succeed in business through the support of lenders and guidance of our Lord.



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Journal entries for Evelyn Villaruz


Loan has been disbursed
 
Entrepreneur: Evelyn Villaruz
Location: Solano, Nueva Vizcaya, Philippines

Thank you for your loan. It has been disbursed to Evelyn Villaruz 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 Solano, Nueva Vizcaya, Philippines
May 7, 2009
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Kiva Help Repayment Schedule for Evelyn Villaruz

  Expected Repayments Actual Repayments Comments
July 2009 $83.36 $83.34 Repayment Received
August 2009 $41.68 $41.68 Repayment Received
September 2009 $52.10 $52.12 Repayment Received
October 2009 $41.68 $41.68 Repayment Received
November 2009 $31.18 $31.18 Repayment Received