Violeta Ricafor


Status: Paying Back

$425.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Violeta Ricafor
Location: Sto.nino, Aurora, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $425.00
Loan Use: additional business capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 25, 2009
Date Disbursed: Aug 26, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3698 PHP = 1 USD



Violeta Ricafor is already 39 years old. She is engage in managing a rolling store business for many years. She uses a motorcycle in selling the different goods such vegetables, meat, fish, etc. in their village of Sto.Nińo Aurora, Isabela and nearby villages. Prior to having a motorcycle that is being of big help in her rolling business, Violeta first suffer to roam her vending products by her bare foot for 18 years. She was glad that through her patience in the business, she is able to purchase an installment motorcycle for her business.
At the moment, Violeta enjoys selling her goods in their village and even reach other villages to sell her products. Because of this expansion of her business, her goods usually are being sold out without even reaching out some of her customers thus wanted to request for additional business capital amounting to PHP20, 000 from KIVA lenders to further meet her customers requests and demands for she used to believe that customers. She hopes someday to become successful in the business and also to improve their living condition. It is really of great help said Violeta.




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Journal entries for Violeta Ricafor


Loan has been disbursed
 
Entrepreneur: Violeta Ricafor
Location: Sto.nino, Aurora, Isabela, Philippines

Thank you for your loan. It has been disbursed to Violeta Ricafor 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 Sto.nino, Aurora, Isabela, Philippines
Sep 28, 2009
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Kiva Help Repayment Schedule for Violeta Ricafor

  Expected Repayments Actual Repayments Comments
November 2009 $88.61 $88.61 Repayment Received
December 2009 $88.62 $88.62 Repayment Received
January 2010 $70.89 Available Jan 1  
February 2010 $88.61 Available Feb 1  
March 2010 $70.89 Available Mar 1  
April 2010 $17.38 Available Apr 1