Emelie


Status: Paid Back

$125.00   Loan Request
$125.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Emelie
Location: Isabela, Philippines
Activity: Home Products Sales

About the Loan

Loan Amount: $125.00
Loan Use: To purchase additional products to sell
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 Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.5742 PHP = 1 USD



Emelie Reyes is from the town of Cauayan, Isabela. She is 39 years old. Emelie is married and has three school-aged children. To make a living, Emelie owns and operates a business selling home products. While not the only means for generating revenue, the main source of income for the business comes primarily from selling personal home products to tourists and local community members.


Emelie joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Emelie is requesting a new loan of 5000 PHP which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to pay the tuition fees of her children.


About ASKI:


ASKI is a pioneer micro-finance institution 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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Lenders to this entrepreneur

Marijke
Alphen a/d Rijn,
Netherlands

James
Monterey, CA
United States

Michael & Christa
The Hague, Zuid-Holland
Netherlands

Karen
Calgary, Alberta
Canada

Tom V
KivaFriends.org, Pembroke Pines, FL
United States



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Journal entries for Emelie


Loan has been disbursed
 
Entrepreneur: Emelie
Location: Isabela, Philippines

Thank you for your loan. It has been disbursed to Emelie 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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Kiva Help Repayment Schedule for Emelie

  Expected Repayments Actual Repayments Comments
July 2009 $31.32 $31.33 Repayment Received
August 2009 $26.10 $26.10 Repayment Received
September 2009 $20.88 $20.87 Repayment Received
October 2009 $26.10 $26.10 Repayment Received
November 2009 $20.60 $20.60 Repayment Received