Silvestra Butal


Status: Paying Back

$175.00   Loan Amount
85% repaid

About the Entrepreneur

Name: Silvestra Butal
Location: Talibon, Bohol, Philippines
Activity: Pigs

About the Loan

Loan Amount: $175.00
Loan Use: To purchase feed and fertilizers
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 10, 2009
Date Disbursed: Jun 29, 2009
Date Funded:Jul 11, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1700 PHP = 1 USD



Since 64-year-old Silvestra Butal and her husband are childless, the couple spends most of their time earning to be able to extend help to their relatives. Though they never fail to spend quality time together, the couple is also determined to earn more to have their house renovated.

In 1990, Silvestra started raising pigs with only PHP 3,000.00 as her starting capital. She has been able to sustain it so far. But she needs more money to buy more feed. Because of this, she is asking for a loan of PHP 8,000.00 from Community Economic Ventures Inc. (CEVI), a growing microfinance institution in the Philippines. She is very positive that CEVI is her best partner in having a better life.


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Journal entries for Silvestra Butal


Loan has been disbursed
 
Entrepreneur: Silvestra Butal
Location: Talibon, Bohol, Philippines

Thank you for your loan. It has been disbursed to Silvestra Butal by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 4 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 Talibon, Bohol, Philippines
Jul 12, 2009
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Kiva Help Repayment Schedule for Silvestra Butal

  Expected Repayments Actual Repayments Comments
September 2009 $35.00 $43.75 Repayment Received
October 2009 $35.00 $35.00 Repayment Received
November 2009 $43.75 $43.75 Repayment Received
December 2009 $35.00 $26.25 Repayment Received
January 2010 $26.25 Available Jan 1