Armando Calaor


Status: Paying Back

$425.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Armando Calaor
Location: Binalbagan, Negros Occidental, Philippines
Activity: Motorcycle Transport

About the Loan

Loan Amount: $425.00
Loan Use: For repair and maintenance of his motorcycle.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 25, 2009
Date Disbursed: Sep 11, 2009
Date Funded:Sep 26, 2009

About the Country

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



Mr. Armando Calaor is a 36-year-old married man. He is from Candida, Bi-ao, Binalbagan, Negros Occidental. He and his wife started a small sari-sari (general) store with capital of PHP 3,000 from his first loan from NWTF-Project Dungganon. Now after a year, the couple has ventured into the food business by putting up a cafeteria inside the public market. The cafeteria is managed by his wife while Mr. Armado Calaor drives a passenger tricycle (motorcycle with a side car) which he uses to shuttle passengers around the town, very much like a taxi. Armando is borrowing PHP 20,000 for his 10th loan cycle to buy spare parts for the repair and maintenance of his tricycle, so that he can continue earning a good income from his transport venture.

About NWTF:
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the calling of not just of a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life where they can finally be called honorable. This is Project Dungganon.


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GetOutOfDebt.org
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Journal entries for Armando Calaor


Loan has been disbursed
 
Entrepreneur: Armando Calaor
Location: Binalbagan, Negros Occidental, Philippines

Thank you for your loan. It has been disbursed to Armando Calaor by Negros Women for Tomorrow Foundation, Inc. (NWTF) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Negros Women for Tomorrow Foundation, Inc. (NWTF) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Binalbagan, Negros Occidental, Philippines
Sep 28, 2009
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Kiva Help Repayment Schedule for Armando Calaor

  Expected Repayments Actual Repayments Comments
November 2009 $34.00 $34.00 Repayment Received
December 2009 $85.00 $85.00 Repayment Received
January 2010 $68.00 Available Jan 1  
February 2010 $68.00 Available Feb 1  
March 2010 $85.00 Available Mar 1  
April 2010 $68.00 Available Apr 1  
May 2010 $17.00 Available May 1