Fely Agpoon


Status: Paid Back

$150.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Fely Agpoon
Location: Magsaysay, Naguilian,isabela, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $150.00
Loan Use: Business Capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 21, 2009
Date Disbursed: Apr 27, 2009
Date Funded:May 22, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1476 PHP = 1 USD



Fely is 43 years old and cooks glutinous rice cakes in their village in Magsaysay Naguillan, Isabela. She is married to Rodolfo Agpoon who is now 50 years old. They have three children; the eldest is now married, her second child is working in a private company while her youngest child Jonicio, who is 19 years old, does not want to continue college.

Fely is requesting a second loan of PHP 7,000. She has been in business since 1994 and would like to use her loan to market her products outside of her village and increase her income. She is currently able to generate PHP 500 daily income from selling her glutinous products. She is thankful that from her daily income, she is able to help her husband with their important necessities at home. According to her, it really requires a lot of patience if you want to gain more in your business.



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Lenders to this entrepreneur

Elizabeth
San Diego, CA
United States

Anonymous
Turlock, CA
United States

Kay
Columbia, MD KivaFriends.org
United States

Drew
New York, NY
United States

Johanne Cecilie
Oslo,
Norway

Yam Yamz
sylvania, GA
United States



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Journal entries for Fely Agpoon


Loan has been disbursed
 
Entrepreneur: Fely Agpoon
Location: Magsaysay, Naguilian,isabela, Philippines

Thank you for your loan. It has been disbursed to Fely Agpoon 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 Magsaysay, Naguilian,isabela, Philippines
May 22, 2009
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Keeping the traditional snack vending a success
 
Entrepreneur: Fely Agpoon
Location: Magsaysay, Naguilian,isabela, Philippines

Fely has been doing well with her vending business. With the loan provided to her, she was able to purchase stocks of needed ingredients for her snack vending business made from glutinous rice. She also bought kitchen utensils that really help her in the business. Fely would like to extend her warmest gratitude to all the Kiva Lenders who supported her in improving her business.


Posted by Kristine Victoria from Magsaysay, Naguilian,isabela, Philippines
Jul 27, 2009
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Kiva Help Repayment Schedule for Fely Agpoon

  Expected Repayments Actual Repayments Comments
July 2009 $31.30 $31.29 Repayment Received
August 2009 $31.30 $31.30 Repayment Received
September 2009 $25.04 $25.05 Repayment Received
October 2009 $25.04 $25.04 Repayment Received
November 2009 $31.30 $31.30 Repayment Received
December 2009 $6.02 $6.02 Repayment Received