Nenita Lanuza


Status: Paying Back

$325.00   Loan Amount
37% repaid

About the Entrepreneur

Name: Nenita Lanuza
Location: Dasmarinas, Cavite, Philippines
Activity: General Store

About the Loan

Loan Amount: $325.00
Loan Use: To buy additional items to sell like softdrinks
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 14, 2009
Date Disbursed: Aug 26, 2009
Date Funded:Sep 16, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.2650 PHP = 1 USD



Nenita Lanuza lives with her husband, Wyler, in a middle-class home in Dasmarinas, Cavite. She is 56 years old.

Nenita has been managing her general store since 2001. She revolves her profits as additional capital to buy more stock for her store. She now makes more than P16,000 net income per month. She uses much of her savings to invest in home furnishings.

It has always been Nenita’s desire to share God’s word and to be of service to her neighbors. Since becoming a member of the Center for Community Transformation (CCT) Credit Cooperative in 2007, this desire was fulfilled.

Now on her 6th loan with the cooperative, Nenita is applying for a loan of P15,000. She wants to add selling soft drinks and will buy more items to sell at her store. She dreams of converting her general store to a big grocery outlet 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 Nenita Lanuza


Loan has been disbursed
 
Entrepreneur: Nenita Lanuza
Location: Dasmarinas, Cavite, Philippines

Thank you for your loan. It has been disbursed to Nenita Lanuza 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 Dasmarinas, Cavite, Philippines
Sep 17, 2009
Comment on this entry

loan utilization update
 
Entrepreneur: Nenita Lanuza
Location: Dasmarinas, Cavite, Philippines

Dear Lenders,

The Php 15,000 loan has already been disbursed to Nenita Lanuza. She utilized the said amount to buy different varieties of goods to increase her current inventory. She bought snack items, toiletries, powdered and cold beverages, and many of the like.

If you would like to support CCT, join our new lending team:

http://www.kiva.org/community/viewTeam?team_id=9184

For more information on CCT, please visit: http://www.kiva.org/about/aboutPartner?id=144


Posted by Sheila Grace Cayabyab from Dasmarinas, Cavite, Philippines
Oct 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nenita Lanuza

  Expected Repayments Actual Repayments Comments
November 2009 $67.71 $67.71 Repayment Received
December 2009 $54.17 $54.17 Repayment Received
January 2010 $54.16 Available Jan 1  
February 2010 $67.71 Available Feb 1  
March 2010 $54.17 Available Mar 1  
April 2010 $27.08 Available Apr 1