Gregoria Gacutan


Status: Paying Back

$125.00   Loan Amount
58% repaid

About the Entrepreneur

Name: Gregoria Gacutan
Location: Ilagan, Isabela, Philippines
Activity: Retail

About the Loan

Loan Amount: $125.00
Loan Use: To provide additional capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 24, 2009
Date Disbursed: Jul 24, 2009
Date Funded:Aug 24, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1850 PHP = 1 USD



Gregoria says that she must persevere and maintain her street vending business in their village Calamagui 1st, Ilagan, Isabela. She dreams of giving all her children the education they need to have a better future. Gregoria is 56-years old with six children. She is married to Ernesto who is a tricycle driver.


Gregoria is patiently selling different snacks and children's toys in front of the elementary school in their village. She is requesting a loan from Kiva lenders of PHP 6,000.00 in order to provide additional capital for her vending business. She hopes the business will grow to become more profitable for her family needs. Gregoria and her husband work very hard for the welfare of her children.


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Lenders to this entrepreneur

AI Software, Inc.
Phoenix, AZ
United States

Demetra
Vancouver, British Columbia
Canada

MaryAnn
Sumter, SC
United States

Paul
Montfoort,
Netherlands



Top Lending Teams for this entrepreneur


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Journal entries for Gregoria Gacutan


Loan has been disbursed
 
Entrepreneur: Gregoria Gacutan
Location: Ilagan, Isabela, Philippines

Thank you for your loan. It has been disbursed to Gregoria Gacutan 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 Ilagan, Isabela, Philippines
Aug 25, 2009
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Checking in with Gregoria
 
Entrepreneur: Gregoria Gacutan
Location: Ilagan, Isabela, Philippines

Gregoria is still running her sar-sari (variety) store. At the core of her business are the candies and toys she sells to children. She puts it simply: “Children like toys and candy”. One day, she would like to make the store bigger and maybe expand into selling school supplies and soft drinks.


Posted by Adam Preston from Ilagan, Isabela, Philippines
Nov 8, 2009
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Kiva Help Repayment Schedule for Gregoria Gacutan

  Expected Repayments Actual Repayments Comments
October 2009 $31.25 $31.25 Repayment Received
November 2009 $20.83 $20.83 Repayment Received
December 2009 $20.84 $20.84 Repayment Received
January 2010 $26.04 Available Jan 1  
February 2010 $20.83 Available Feb 1  
March 2010 $5.21 Available Mar 1