Mario Nartates


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Mario Nartates
Location: San Vicente Angadanan,isabela, Philippines
Activity: Farming

About the Loan

Loan Amount: $425.00
Loan Use: To buy fertilizers, insecticides and hybrid seed
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Jun 27, 2009
Date Disbursed: May 21, 2009
Date Funded:Jun 28, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Mario works as a farmer. He supports his family with his income from farming. He would like a loan of 20,000 PHP from Kiva lenders to purchase some fertilizers, insecticides and hybrid seed needed for his planting and farming maintenance.

Mario is 39 years old. He is married to Ludivina, a housewife. They are blessed with four children. Lovely, 10 years old, and Mark Jay, 8 years old, are both studying in the primary level. Christian, 5 years old, is now in daycare and Gian Carlo is just 1 year old.

Mario believes that a hardworking man can become a successful one. Thus, he is trying his best to become a hardworking man for his family who are the inspiration in his life.

He is shown in the photo (holding a hat) with the ASKI Loan Officer who visited him.







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Journal entries for Mario Nartates


Loan has been disbursed
 
Entrepreneur: Mario Nartates
Location: San Vicente Angadanan,isabela, Philippines

Thank you for your loan. It has been disbursed to Mario Nartates 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 Vicente Angadanan,isabela, Philippines
Jun 29, 2009
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Kiva Help Repayment Schedule for Mario Nartates

  Expected Repayments Actual Repayments Comments
December 2009 $425.00 $425.00 Repayment Received