Imelda Dote


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Imelda Dote
Location: Surallah, South Cotabato, Philippines
Activity: Farming

About the Loan

Loan Amount: $225.00
Loan Use: To buy fertilizer and other farm inputs
Repayment Term: 6 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Jun 21, 2009
Date Disbursed: May 12, 2009
Date Funded:Jun 21, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4966 PHP = 1 USD



Imelda Dote owns a small rice field. She is 49 years old and has seven children. She has been engaged in this business for 20 years. Her husband, Juan Dote, is the one managing their business to provide all the needs for their family.

She needs a loan of PHP 10,000 from CEVI. She will use the loan to buy fertilizer and other farm necessities. The loan will also help her expand her business even more.

CEVI is reaching out to farmers to be able to sustain their livelihood. CEVI provides their clients with not just loans but training and insurance coverage as well.

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Journal entries for Imelda Dote


Loan has been disbursed
 
Entrepreneur: Imelda Dote
Location: Surallah, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Imelda Dote by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 3 months of this loan, Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Surallah, South Cotabato, Philippines
Jun 22, 2009
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Imelda Dote, Loan Update
 
Entrepreneur: Imelda Dote
Location: Surallah, South Cotabato, Philippines

"Half of my laon goes to the Tuition fee of my students, anf the other half goes to farm inputs (3 bags urea and 2 bags triple 14 fertlizers)" says Imelda Dote during loan utilization check.

According to her, "I was able to pay for my kids tuition fee and able to finance my rice field"


Posted by Jonathan Neri from Surallah, South Cotabato, Philippines
Aug 14, 2009
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Kiva Help Repayment Schedule for Imelda Dote

  Expected Repayments Actual Repayments Comments
November 2009 $225.00 $225.00 Repayment Received