Cherrybel Asuncion

Status: Paying Back

$225.00		Loan Amount

70% repaid

About the Entrepreneur

Name:	Cherrybel Asuncion
Location:	Isabela, Philippines
Activity:	Pigs

About the Loan

Loan Amount:	$225.00
Loan Use:	business development
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Possible
Date Listed:	Jul 31, 2009
Date Disbursed:	Jul 8, 2009
Date Funded:	Jul 31, 2009

About the Field Partner

Field Partner:

Alalay sa Kaunlaran, Inc. (ASKI)

Field Partner Risk Rating:

(Learn more)

Active

12 months

2884

$562,375

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:	48.0600 PHP = 1 USD

Cherrybel is already 23 years old. She is married to Michael Asuncion, 26 years old, who is a private employee and a farmer at the same time. They already have two children, namely Kristina Cassandra, 4 years old and Misha Carla, 4 months old.

Cherrybel wanted to join Kiva loans because of her willingness to help her husband in supporting their family's daily needs, especially their two children who will soon enter school. She wants to access a loan in the amount of PHP 10,000 and she hopes that lenders will provide her the amount to further develop her hog-raising business that she is currently managing. She will utilize the loan in purchasing sacks of feed/hog growers for her pigs.

Lenders to this entrepreneur

John
Taylorsville, CA
United States

William
Bloomington, IL
United States

inevitable.cc
riverview, new brunswick
Canada

Andrew
Hilton Head, SC
United States

Dan
Columbus, Ohio
United States

Robert
East Syracuse, NY
United States

Bev
Amelia, OH
United States

Daniel
Canton, MI
United States

Top Lending Teams for this entrepreneur

Worthington Kilbourne
Schools
3 Members

Journal entries for Cherrybel Asuncion

Loan has been disbursed Entrepreneur: Cherrybel Asuncion Location: Isabela, Philippines Thank you for your loan. It has been disbursed to Cherrybel Asuncion 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 Isabela, Philippines Aug 1, 2009
Comment on this entry

Hog raising business developed through KIVA loans Entrepreneur: Cherrybel Asuncion Location: Isabela, Philippines Cherrybel wisely utilized her loan by purchasing two sacks of fattening feeds for the fast growth of her hogs. She also bought additional piglet to improve her livestock business where they get their source of income. She is thankful to all the lenders who granted her request.
Posted by Kristine Victoria from Isabela, Philippines Sep 13, 2009
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Repayment Schedule for Cherrybel Asuncion

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2009	$75.06	$75.06	Repayment Received
November 2009	$37.53	$37.53	Repayment Received
December 2009	$46.91	$46.91	Repayment Received
January 2010	$37.53	Available Jan 1
February 2010	$27.97	Available Feb 1