Nenita Luzano


Status: Paying Back

$225.00   Loan Amount
95% repaid

About the Entrepreneur

Name: Nenita Luzano
Location: San Rafael Roxas, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $225.00
Loan Use: To expand the range of products sold in her store
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 20, 2009
Date Disbursed: May 22, 2009
Date Funded:Jun 20, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4731 PHP = 1 USD



Nenita manages a general store business in their simple village in San Rafael, in the municipality of Roxas, Isabela. She has three children. Nenita says that she will work hard in order to give a better quality life to her family.

Nenita is hoping for her business to grow through the support of KIVA lenders. She is borrowing the amount of PHP10,000 as additional working capital for her store. With this loan she plans to make her business more progressive by investing in different merchandise and commodities to sell in her store. With her daily profit, Nenita will then able to finance the daily expenses of her children in school. Nenita struggles a lot for the progress of her family's lives and is hoping to continue to provide for the education of her children until college so that they will have better living opportunities in the future.




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Journal entries for Nenita Luzano


Loan has been disbursed
 
Entrepreneur: Nenita Luzano
Location: San Rafael Roxas, Isabela, Philippines

Thank you for your loan. It has been disbursed to Nenita Luzano 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 San Rafael Roxas, Isabela, Philippines
Jun 21, 2009
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Kiva Help Repayment Schedule for Nenita Luzano

  Expected Repayments Actual Repayments Comments
August 2009 $56.28 $56.29 Repayment Received
September 2009 $37.52 $37.51 Repayment Received
October 2009 $46.90 $46.90 Repayment Received
November 2009 $37.52 $37.52 Repayment Received
December 2009 $37.52 $37.52 Repayment Received
January 2010 $9.26 Available Jan 1