Agnes Cabanal

Status: Paying Back

$525.00		Loan Amount

81% repaid

About the Entrepreneur

Name:	Agnes Cabanal
Location:	Sto Niño, South Cotabato, Philippines
Activity:	General Store

About the Loan

Loan Amount:	$525.00
Loan Use:	To purchase assorted groceries for sale
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 23, 2009
Date Disbursed:	Jul 15, 2009
Date Funded:	Jul 23, 2009

About the Field Partner

Field Partner:

Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Field Partner Risk Rating:

(Learn more)

Active

12 months

1634

$380,925

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Philippines
Avg Annual Income:	$1,175.00
Currency:	Philippines Pesos (PHP)
Exchange Rate:	48.1200 PHP = 1 USD

Like other business persons, Agnes Cabanal also dreams of success in her grocery business. She started it off small, using her savings of Php 3,000 in 1986. She managed it well and has turned it into a mini-grocery. This year, she is earning a lot from her store and what she wants to do is to send her two children to college.

However, she still needs capital to buy additional merchandise for her store. She is asking for a loan of Php 25,000 from Community Economic Ventures Inc. The loan will really help her achieve better income for her family.

She is happy with the services of CEVI. She still would like to access loans, training and insurance coverage as well from them.

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Journal entries for Agnes Cabanal

Loan has been disbursed Entrepreneur: Agnes Cabanal Location: Sto Niño, South Cotabato, Philippines Thank you for your loan. It has been disbursed to Agnes Cabanal 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 Sto Niño, South Cotabato, Philippines Jul 24, 2009
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Repayment Schedule for Agnes Cabanal

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2009	$131.25	$131.25	Repayment Received
November 2009	$164.06	$164.06	Repayment Received
December 2009	$131.25	$131.25	Repayment Received
January 2010	$98.44	Available Jan 1