Marites Toribio
Status: Paying Back
| $850.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Marites Toribio |
|---|---|
| Location: | Solana, Cagayan, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | To buy additional goods with which to stock her store |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 19, 2009 |
| Date Disbursed: | Aug 20, 2009 |
| Date Funded: | Sep 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Alalay sa Kaunlaran, Inc. (ASKI) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2884 |
| Total Loans: | $562,375 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.7500 PHP = 1 USD |
Marites owns a general store, and she is glad that it is doing well (she is saving some of her income to complete construction on their house). She has many customers and has always believed that good customer service and patience are important factors in developing a stable and successful business.
For the welfare of her family, Marites is requesting a loan of 40,000 PHP to expand her business into a grocery store. The loan will be a big help in buying more goods to offer to her customers.
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Journal entries for Marites Toribio
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Loan has been disbursed
Location: Solana, Cagayan, Philippines
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Posted by
from Solana, Cagayan, Philippines
Sep 21, 2009 |
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Comment on this entry
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Extending credit, adding products, and building a new home
Location: Solana, Cagayan, Philippines
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Posted by
Mary Riedel from Solana, Cagayan, Philippines
Nov 18, 2009 |
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Comment on this entry
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Repayment Schedule for Marites Toribio
Repayment Schedule for Marites Toribio
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $212.54 | $212.54 |  Repayment Received
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| December 2009 | $177.12 | $177.12 | Repayment Received
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| January 2010 | $141.70 | Available Jan 1 | |||
| February 2010 | $141.69 | Available Feb 1 | |||
| March 2010 | $176.95 | Available Mar 1 | |||
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