Marilou Mallavo


Status: Paying Back

$1,075.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Marilou Mallavo
Location: Cauayan Public,market Cauayan City, Philippines
Activity: Personal Products Sales

About the Loan

Loan Amount: $1,075.00
Loan Use: Business Improvement
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 28, 2009
Date Disbursed: May 13, 2009
Date Funded:May 31, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1898 PHP = 1 USD



Marilou is engaged in a direct selling business. She sells different products from NATASHA, AVON, BOARD WALK and MSE, located in the public market of Tumauni, Isabela. She would like to avail a loan amounting to PHP 50,000 for the improvement of her business outlet and also to purchase more stock that she can offer to her customers and dealers. She hopes that her business will grow and that she will become a successful manager of her own enterprise. She is hoping that through her direct selling, she may able to generate higher income to save for the education of her son and for the renovation of their house to give her family a safe and comfortable place to live.

Marilou is 33 years old and her husband, Eljune, is working as a security guard. They have a five-year-old son named Jhun Zach. Her family is living a happy and healthy life in the municipality of Luna, Isabela. She and her husband want the best for their son and they help each other to earn enough money for his education and also for their future children.



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Journal entries for Marilou Mallavo


Loan has been disbursed
 
Entrepreneur: Marilou Mallavo
Location: Cauayan Public,market Cauayan City, Philippines

Thank you for your loan. It has been disbursed to Marilou Mallavo by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 24 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 Public,market Cauayan City, Philippines
Jun 1, 2009
Comment on this entry

Wise loan usage; wise investment
 
Entrepreneur: Marilou Mallavo
Location: Cauayan Public,market Cauayan City, Philippines

Marilou is very thankful to the Kiva lenders for granting her loan request. She happily shared that she utilized her loan to buy more stock of NATASHA, MSE, and BOARDWALK products. She also used some of the loan for the repair of their house. She is glad that her business is more progressive than before.


Posted by Kristine Victoria from Cauayan Public,market Cauayan City, Philippines
Jul 8, 2009
Comment on this entry

Kiva Help Repayment Schedule for Marilou Mallavo

  Expected Repayments Actual Repayments Comments
August 2009 $44.81 $44.81 Repayment Received
September 2009 $44.81 $44.81 Repayment Received
October 2009 $44.81 $44.81 Repayment Received
November 2009 $44.81 $44.81 Repayment Received
December 2009 $44.81 $44.81 Repayment Received
January 2010 $44.81 Available Jan 1  
February 2010 $44.81 Available Feb 1  
March 2010 $44.81 Available Mar 1  
April 2010 $44.81 Available Apr 1  
May 2010 $44.81 Available May 1  
June 2010 $44.81 Available Jun 1  
July 2010 $44.81 Available Jul 1  
August 2010 $44.81 Available Aug 1  
September 2010 $44.81 Available Sep 1  
October 2010 $44.81 Available Oct 1  
November 2010 $44.81 Available Nov 1  
December 2010 $44.81 Available Dec 1  
January 2011 $44.81 Available Jan 1  
February 2011 $44.81 Available Feb 1  
March 2011 $44.81 Available Mar 1  
April 2011 $44.81 Available Apr 1  
May 2011 $44.81 Available May 1  
June 2011 $44.81 Available Jun 1  
July 2011 $44.37 Available Jul 1