Keneth Joy Arcay


Status: Paying Back

$525.00   Loan Amount
81% repaid

About the Entrepreneur

Name: Keneth Joy Arcay
Location: Sto Niño, South Cotabato, Philippines
Activity: General Store

About the Loan

Loan Amount: $525.00
Loan Use: To purchase assorted clothing, accessories, and store merchandise
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 25, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Jul 25, 2009

About the Country

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



Keneth Joy Arcay is a direct seller of fashion products. She opened a store to display new dresses, accessories for girls, perfumes, and many more. She already have a sari-sari store (retail shop) that is why is easy for her to sell the fashion products that she deals to customers. She started her business in 2002. Until now, she is doing the same thing because she finds it a profitable business to maintain.

She needs additional capital for her business. This is the reason why she intends to apply for a loan worth Php 25,000 from Community Economic Ventures Inc. (CEVI). The loan will help a lot in buying additional fashion and store merchandise that hopefully will attract more people to visit her store.

She would still like to access CEVI's services in the future. She has received loans, training and insurance coverage from CEVI.

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Journal entries for Keneth Joy Arcay


Loan has been disbursed
 
Entrepreneur: Keneth Joy Arcay
Location: Sto Niño, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Keneth Joy Arcay 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 26, 2009
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Kiva Help Repayment Schedule for Keneth Joy Arcay

  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