Josephine Olipas


Status: Paying Back

$550.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Josephine Olipas
Location: Sillawit Cauayan City, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $550.00
Loan Use: To expand a small retail store
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 7, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Oct 18, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.5296 PHP = 1 USD



Josephine is 48 years old, married and has been blessed with three children: Maricel, 30 years old and married; Joemar, 28 years old and a computer technician; and Mary Joy, who is 14. Josephine is married to Marcelino, a farmer, and the family lives in Sillawit, Cauayan City, a semi-rural area.

For the last 14 years, Josephine has made a living managing a genral store where she sells basic commodities, cooked foods and snacks. She earns about PHP 800 a week, and has applied for a loan for PHP 25,000 to buy more items to sell to her customers. She hopes to secure her loan quickly because, as she puts it, "you live your life just once, so you should do things that are meaningful and rewarding."

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Lenders to this entrepreneur

Nazaret
Lublin, Poland
Poland

FSA Foundation
New York, NY
United States

Laurent D
Brussels,
Belgium

Daniel
Lima, MA
Peru

Sue
Kobe,
Japan

Roland
Berkeley, CA
United States

One Horizon Foundation
Lexington, KY
United States

Finn Winther
Karlslunde,
Denmark

Olli

Finland

Sam
Rancho Cordova, CA
United States

bees
havelte,
Netherlands

Will
Adelaide, SA
Australia

Mark en Linda
Utrecht,
Netherlands

in memory of Brigitte Ho
Kassel,
Germany

BPW
Beechworth, Victoria
Australia

John
Lake In The Hills, IL
United States

Adrian

Switzerland



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Journal entries for Josephine Olipas


Loan has been disbursed
 
Entrepreneur: Josephine Olipas
Location: Sillawit Cauayan City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Josephine Olipas 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 Sillawit Cauayan City, Isabela, Philippines
Oct 19, 2009
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Kiva Help Repayment Schedule for Josephine Olipas

  Expected Repayments Actual Repayments Comments
December 2009 $137.54 $137.54 Repayment Received
January 2010 $114.62 Available Jan 1  
February 2010 $91.70 Available Feb 1  
March 2010 $91.70 Available Mar 1  
April 2010 $91.69 Available Apr 1  
May 2010 $22.75 Available May 1