Melita Sapiandante


Status: Paying Back

$400.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Melita Sapiandante
Location: Cabisera 9-11, Ilagan, Isabela, Philippines
Activity: Retail

About the Loan

Loan Amount: $400.00
Loan Use: Additional Capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 24, 2009
Date Disbursed: Aug 25, 2009
Date Funded:Sep 27, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.5219 PHP = 1 USD



Melita is engaged in vending cooked foods in their village. She has been cooking different viands for three years and she sells them in their whole village as her source of income. Aside from her retail business, Melita is also raising hogs at their backyard. She is requesting to avail a loan amounting to PHP18, 000 for the maintenance and improvement of her businesses. Through the loan, she knows that her business will continuously grow. Improvement in her business had seen already and it is because of her hard work and help of lenders who used to support her.

Melita is now 38 years old and she is married to Mario, a driver for seven years in Manila. She is hoping that their diligence in work will contribute to the success of their children. She hopes that her children will always be eager to finish their studies for their own sake in the future. The couple has five children, four of them are still studying. Their eldest has now married after his graduation in high school. Charlene, their second child, is now in her last year in high school. John Mar, their third child, a second year high school student, John Martin is eight years old and Shaira is four, they are also both studying. Melita is very much thankful for the chance in knowing about KIVA.

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Journal entries for Melita Sapiandante


Loan has been disbursed
 
Entrepreneur: Melita Sapiandante
Location: Cabisera 9-11, Ilagan, Isabela, Philippines

Thank you for your loan. It has been disbursed to Melita Sapiandante by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cabisera 9-11, Ilagan, Isabela, Philippines
Sep 28, 2009
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Kiva Help Repayment Schedule for Melita Sapiandante

  Expected Repayments Actual Repayments Comments
November 2009 $100.00 $100.00 Repayment Received
December 2009 $66.67 $66.67 Repayment Received
January 2010 $66.66 Available Jan 1  
February 2010 $83.34 Available Feb 1  
March 2010 $66.66 Available Mar 1  
April 2010 $16.67 Available Apr 1