Nelia

Status: Paid Back

$225.00		Loan Request
$225.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)

Name:	Nelia
Location:	Isabela, Philippines
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$225.00
Loan Use:	To purchase raw ingredients needed to make products for sale
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	May 15, 2009
Date Disbursed:	Apr 17, 2009
Date Funded:	May 15, 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

2884

$562,375

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:	47.5742 PHP = 1 USD

Nelia Villanueva is from the town of Cabatuan. She is 54 years old. Nelia is married and has five school-aged children. To make a living, Nelia owns and operates a business making and selling fried foods in the local community. Nelia joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Nelia is requesting a new loan of 10000 PHP which will be used to purchase raw ingredients needed to make products for sale. Nelia plans to use the additional revenue generated from the business to improve/expand her business. She hopes to become a successful businesswoman someday.

About ASKI:

ASKI, a Kiva partner, is one of pioneer microfinance institutions in the Philippines committed to serving the needy in Central and Northern Luzon through socio-economic development and holistic transformation.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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Journal entries for Nelia

Loan has been disbursed Entrepreneur: Nelia Location: Isabela, Philippines Thank you for your loan. It has been disbursed to Nelia 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 Isabela, Philippines May 16, 2009
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Repayment Schedule for Nelia

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2009	$56.28	$56.29	Repayment Received
August 2009	$46.90	$46.90	Repayment Received
September 2009	$37.52	$37.51	Repayment Received
October 2009	$46.90	$46.90	Repayment Received
November 2009	$37.40	$37.40	Repayment Received