Elenita Toledo


Status: Paying Back

$375.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Elenita Toledo
Location: Silang, Cavite, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $375.00
Loan Use: Additional capital for her business / house repair
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 27, 2009
Date Disbursed: Jul 30, 2009
Date Funded:Aug 28, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4100 PHP = 1 USD



Elenita Toledo, 47, has been buying and selling farm produce like bananas, sweet potatoes, tomatoes and other fruits and vegetables in season in her village in Silang, Cavite for six years. These agricultural products are abundant in her location.

Elenita earns P12,000 a month from buying and selling agricultural produce. Her three adult children take turns in assisting her, particularly in the transport of items she buys and sells from the farm to the market.

She joined the Center for Community Transformation (CCT) Credit Cooperative in 2005 and has since been enjoying its many benefits for women entrepreneurs. Elenita has just finished repaying her previous loan from CCT and has applied for a new loan of P18,000.

She wants to have her house refurbished. Elenita also dreams of owning a tricycle (a motorcycle with sidecar) for easy transport of the agricultural produce she buys from the farms.



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Journal entries for Elenita Toledo


Loan has been disbursed
 
Entrepreneur: Elenita Toledo
Location: Silang, Cavite, Philippines

Thank you for your loan. It has been disbursed to Elenita Toledo by Center for Community Transformation Credit Cooperative (CCT) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Center for Community Transformation Credit Cooperative (CCT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Silang, Cavite, Philippines
Aug 28, 2009
Comment on this entry

Borrower Update
 
Entrepreneur: Elenita Toledo
Location: Silang, Cavite, Philippines

Dear Lenders,

Elenita used her loan to re-stock her fruit and vegetable stand with fresh farm produce. She spent P7,000 for this and another P7,000 for commodities which she also sells in her stall. The rest she spent for some house renovations and other household expenses. She is grateful for the help and support extended to her.


Posted by Lala Yaun from Silang, Cavite, Philippines
Sep 30, 2009
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Kiva Help Repayment Schedule for Elenita Toledo

  Expected Repayments Actual Repayments Comments
October 2009 $62.50 $62.50 Repayment Received
November 2009 $62.50 $62.50 Repayment Received
December 2009 $78.13 $78.13 Repayment Received
January 2010 $62.50 Available Jan 1  
February 2010 $78.12 Available Feb 1  
March 2010 $31.25 Available Mar 1