Rey Pielago


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rey Pielago
Location: Trento, Agusan Agusan Del Sur, Philippines
Activity: Farming

About the Loan

Loan Amount: $175.00
Loan Use: piglets, feed and rice seeds
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Aug 26, 2009
Date Disbursed: Aug 17, 2009
Date Funded:Aug 26, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.7100 PHP = 1 USD



Rey Pielago is 31 years old farmer in Trento Agusan Del Sur. His main crop is rice and he has been doing this business since he was a child. Aside from rice, he also raises pigs and earned bigger profit from selling meats to his regular buyers. Now, he has three children, 6 years old the eldest. He always looks after the needs of his family. He wished to grow his rice farm business so that he could easily provide all their needs.

He would like to ask a loan of Php 8,000 from Community Economic ventures Inc. He will use the loan to buy rice seeds and to pay the laborers in his farm and feed as well to grow pigs.

She chose CEVI because she likes its services. She said that the staff was very friendly and the interest rate is really small than the others.


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Journal entries for Rey Pielago


Loan has been disbursed
 
Entrepreneur: Rey Pielago
Location: Trento, Agusan Agusan Del Sur, Philippines

Thank you for your loan. It has been disbursed to Rey Pielago 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 Trento, Agusan Agusan Del Sur, Philippines
Aug 27, 2009
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Kiva Help Repayment Schedule for Rey Pielago

  Expected Repayments Actual Repayments Comments
March 2010 $175.00 Available Mar 1