Jennifer Balaoro
Status: Paying Back
| $225.00 | Loan Amount |
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About the Entrepreneur
| Name: | Jennifer Balaoro |
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| Location: | Caloocan City, Philippines |
| Activity: | Food Market |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | Fresh pork for a new business venture |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 21, 2009 |
| Date Disbursed: | Jul 29, 2009 |
| Date Funded: | Aug 21, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Center for Community Transformation Credit Cooperative (CCT) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Pilot |
| Time On Kiva: | 4 months |
| Kiva Entrepreneurs: | 310 |
| Total Loans: | $119,175 |
| Delinquency Rate: | 0.19% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.5180 PHP = 1 USD |
Five years ago, Jennifer converted a portion of their house into a small eatery where she serves “value meals” which are a hit for drivers and students. She makes a daily sale of P 800. Her kids take turn in assisting her in her business, especially on peak days.
Jennifer got more blessings when she joined the Center for Community Transformation (CCT) Credit Cooperative in 2006. She used her previous loans from the cooperative to sustain her business. Now on her 8th loan, she needs the amount of P 10,000 to venture into an additional business buying and selling pork.
About CCT
The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ.
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Journal entries for Jennifer Balaoro
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Loan has been disbursed
Location: Caloocan City, Philippines
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Posted by
from Caloocan City, Philippines
Aug 22, 2009 |
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Borrower Update
Location: Caloocan City, Philippines
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Posted by
Lala Yaun from Caloocan City, Philippines
Sep 26, 2009 |
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Repayment Schedule for Jennifer Balaoro
Repayment Schedule for Jennifer Balaoro
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $60.00 | $60.00 |  Repayment Received
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| November 2009 | $75.00 | $75.00 | Repayment Received
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| December 2009 | $60.00 | $60.00 | Repayment Received
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| January 2010 | $30.00 | Available Jan 1 | |||
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