Gaudioso Lines


Status: Paying Back

$325.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Gaudioso Lines
Location: Sto Niño, South Cotabato, Philippines
Activity: Farming

About the Loan

Loan Amount: $325.00
Loan Use: To purchase fertilizers and chemicals.
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Aug 5, 2009
Date Disbursed: Jul 28, 2009
Date Funded:Aug 6, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.9846 PHP = 1 USD



Gaudioso Lines, a 55-year-old rice grower in Sto. Nino, South Cotabato, learned to farm from his father, who is also a farmer. The skills that he acquired have been put to good use, enabling him to meet the demands and needs of his family.



He would like to ask for a loan of Php 15,000 from Community Economic Ventures Inc. to purchase fertilizers and chemicals. The loan will really go far both in improving the size of his harvest and meeting the needs of his children.



Gaudioso chose CEVI for their wide array of services, providing not just loans to people but also education to help them grow their businesses more effectively. Now, he actively participates in the CEVI cluster meetings and has learned many things from other micro entrepreneurs who also wish to change their lives.


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Journal entries for Gaudioso Lines


Loan has been disbursed
 
Entrepreneur: Gaudioso Lines
Location: Sto Niño, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Gaudioso Lines 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
Aug 7, 2009
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Kiva Help Repayment Schedule for Gaudioso Lines

  Expected Repayments Actual Repayments Comments
February 2010 $325.00 Available Feb 1