Riza Joy Rigua


Status: Paying Back

$525.00   Loan Amount
81% repaid

About the Entrepreneur

Name: Riza Joy Rigua
Location: Sto Niño, South Cotabato, Philippines
Activity: General Store

About the Loan

Loan Amount: $525.00
Loan Use: To purchase assorted groceries and rice 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 Country

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



Riza Joy Rigua is managing a small sari-sari store business. She is 35 years old and has four children. She started selling in 2000 using her savings of Php 5,000 as start-up capital. Her business is situated in the town public market. From her experience, she was able to establish a network of regular buyers of her merchandise.



She wants to apply for a loan worth Php 25,000 from Community Economic Ventures Inc. She will use her loan to purchase assorted groceries and rice. She believes these will help increase her income.



Riza is happy that she is part of the CEVI credit program. She has learned many things from the cluster meetings that are held every week. She has received not just loans but training and insurance coverage as well from CEVI.


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Journal entries for Riza Joy Rigua


Loan has been disbursed
 
Entrepreneur: Riza Joy Rigua
Location: Sto Niño, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Riza Joy Rigua 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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Kiva Help Repayment Schedule for Riza Joy Rigua

  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