Jocelyn Soriano


Status: Paying Back

$275.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Jocelyn Soriano
Location: Caloocan City, Philippines
Activity: General Store

About the Loan

Loan Amount: $275.00
Loan Use: Business capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 12, 2009
Date Disbursed: Aug 18, 2009
Date Funded:Sep 16, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.1900 PHP = 1 USD



Jocelyn Soriano is a 42 year old general store owner who has also been in the food business for eight years. Her husband Nestor, also 42, works as a driver for a security agency. They have five children, one of which is currently attending school. They live among the poor communities in Malaria, Caloocan City.


Jocelyn has been cooking and serving food to her neighbors until she decided to put up her general store recently. She makes 15,000 Philippine pesos (about $311) a month of net income.


She has been with the Center for Community Transformation (CCT) Credit Cooperative for three years now. Jocelyn is already on her 6th loan cycle. She needs a loan in the amount of 13,000 pesos to sustain her store and food business.


She dreams of having her own restaurant someday.


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.


CCT is a member of the Five Talents family.




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Journal entries for Jocelyn Soriano


Loan has been disbursed
 
Entrepreneur: Jocelyn Soriano
Location: Caloocan City, Philippines

Thank you for your loan. It has been disbursed to Jocelyn Soriano 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 Caloocan City, Philippines
Sep 17, 2009
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Kiva Help Repayment Schedule for Jocelyn Soriano

  Expected Repayments Actual Repayments Comments
November 2009 $68.75 $68.75 Repayment Received
December 2009 $45.83 $68.75 Repayment Received
January 2010 $45.84 Available Jan 1  
February 2010 $57.29 Available Feb 1  
March 2010 $45.83 Available Mar 1  
April 2010 $11.46 Available Apr 1