Corazon Alipoon


Status: Paying Back

$225.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Corazon Alipoon
Location: Norala, South Cotabato, Philippines
Activity: Farming

About the Loan

Loan Amount: $225.00
Loan Use: To purchase fertilizer and chemicals
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Jul 25, 2009
Date Disbursed: Jul 20, 2009
Date Funded:Jul 25, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1400 PHP = 1 USD



62-year-old Corazon Alipoon is a rice grower in their village. Although she is too old to farm, she is still strong enough to manage a business. She has five children. She and her husband, Asher Alipoon, work very hard to support their needs and their grandchildren.

She would like to ask for a loan of Php 10,000 from CEVI. She will use the loan to buy fertilizer and chemicals. The loan will truly help them achieve maximum harvest on their farm.

Now she is happy joining the CEVI credit program. She noticed that CEVI is not just providing loans to their clients but education as well to help their small business grow.


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Journal entries for Corazon Alipoon


Loan has been disbursed
 
Entrepreneur: Corazon Alipoon
Location: Norala, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Corazon Alipoon by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 5 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 Norala, South Cotabato, Philippines
Jul 26, 2009
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Kiva Help Repayment Schedule for Corazon Alipoon

  Expected Repayments Actual Repayments Comments
February 2010 $225.00 Available Feb 1