Nancy Sarmiento


Status: Paying Back

$475.00   Loan Amount
29% repaid

About the Entrepreneur

Name: Nancy Sarmiento
Location: Bagnos, Aurora, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $475.00
Loan Use: To use as additional capital for her sari-sari store
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 6, 2009
Date Disbursed: Sep 17, 2009
Date Funded:Oct 7, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.6587 PHP = 1 USD



Nancy has owned and managed a general store business in her village for twenty-eight years. Her business has been her partner in providing for the educational needs of her five children. She is 44 years old and still very active in making her business a success. Her two children are still studying and are already in the college level.

With her desire to send her children to college and finish their studies, she is doing her best to send them to school. She wants to borrow PHP 22,000 that will serve as additional business capital for her store. Some of the things that she will purchase are canned goods and other basic commodities needed at home. She believes that, with the support of Kiva lenders, nothing is impossible.


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Journal entries for Nancy Sarmiento


Loan has been disbursed
 
Entrepreneur: Nancy Sarmiento
Location: Bagnos, Aurora, Isabela, Philippines

Thank you for your loan. It has been disbursed to Nancy Sarmiento 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 Bagnos, Aurora, Isabela, Philippines
Oct 8, 2009
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Kiva Help Repayment Schedule for Nancy Sarmiento

  Expected Repayments Actual Repayments Comments
December 2009 $138.59 $138.59 Repayment Received
January 2010 $79.20 Available Jan 1  
February 2010 $79.19 Available Feb 1  
March 2010 $99.00 Available Mar 1  
April 2010 $79.02 Available Apr 1