Riva Ampa


Status: Paid Back

$150.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Riva Ampa
Location: Cauayan City, Isabela, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $150.00
Loan Use: To purchase additional food to sell
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 14, 2009
Date Disbursed: Apr 16, 2009
Date Funded:May 15, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.5512 PHP = 1 USD



Riva is 47 years old, and has been blessed with six children: Mary Ann, Ernie Mark, Magno Ampa Jr., Rose Ann, Sherry Ann, and Antonette. Her children are currently studying in college, high school and elementary school. Riva puts a lot of hard work into developing her snack vending business in order to support her children’s education. Her family lives happily in Barangay Centro 3 of Angadanan, Isabela.

Riva has been selling street food in front of her house in the village for almost four years. Her weekly net income from the business is around PHP 6,000.00 and it is used for her family’s needs, especially her children’s education. Riva would like a loan of PHP 6,000.00 from Kiva to develop her business further. The loan will help her purchase additional food to sell, satisfying her customers’ demands.




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Journal entries for Riva Ampa


Loan has been disbursed
 
Entrepreneur: Riva Ampa
Location: Cauayan City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Riva Ampa 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
May 16, 2009
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Kiva Help Repayment Schedule for Riva Ampa

  Expected Repayments Actual Repayments Comments
July 2009 $43.75 $43.75 Repayment Received
August 2009 $25.00 $25.00 Repayment Received
September 2009 $31.25 $31.25 Repayment Received
October 2009 $25.00 $25.00 Repayment Received
November 2009 $25.00 $25.00 Repayment Received