Floribel Bravo


Status: Paying Back

$625.00   Loan Amount
70% repaid

About the Entrepreneur

Name: Floribel Bravo
Location: Victory Norte Santiago City, Isabela, Philippines
Activity: Phone Accessories

About the Loan

Loan Amount: $625.00
Loan Use: accessories and spare parts
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 27, 2009
Date Disbursed: Jul 9, 2009
Date Funded:Jul 28, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.0400 PHP = 1 USD



Floribel is 25 years old and she manages a cell phone shop in the city of Santiago. She is married to Jerry Bravo, her partner in managing the business. The couple is blessed with two children: Jaybie - 6 years old and Zyra Mae - 4 years old. They are presently living at Barangay Garit Norte in Echague, Isabela. Floribel has been operating her business for six years now. In fact, her cellphone shop is doing well and she now has two branches, in two towns.


However, she still wants to do her best to make her business more successful and to become the leading cell phone shop in the region. She believes that her faith in God and her patience will make her business keep growing. Now that a Kiva loan is possible, Floribel wants to apply for an initial loan of 30,000 Philippine pesos. This amount will be a big help in the progress of her cell phone center. She will buy more accessories to sell, including cell phone spare parts, to use in their cell phone repair business.


Floribel also says, if others can, why can’t I? She is hoping that she can improve her cell shop and that she will be able to achieve success in life. She hopes to be able to save money for the future education of her children and to give them a brighter future.



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Journal entries for Floribel Bravo


Loan has been disbursed
 
Entrepreneur: Floribel Bravo
Location: Victory Norte Santiago City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Floribel Bravo by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Victory Norte Santiago City, Isabela, Philippines
Jul 29, 2009
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Kiva Help Repayment Schedule for Floribel Bravo

  Expected Repayments Actual Repayments Comments
September 2009 $104.17 $104.16 Repayment Received
October 2009 $104.16 $104.17 Repayment Received
November 2009 $104.17 $104.17 Repayment Received
December 2009 $130.21 $130.21 Repayment Received
January 2010 $104.17 Available Jan 1  
February 2010 $78.12 Available Feb 1