Clarita Ramos


Status: Paying Back

$250.00   Loan Amount
29% repaid

About the Entrepreneur

Name: Clarita Ramos
Location: Salay, Angadanan, Philippines
Activity: General Store

About the Loan

Loan Amount: $250.00
Loan Use: Additional capital for her retail store
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 7, 2009
Date Disbursed: Sep 15, 2009
Date Funded:Oct 7, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.7300 PHP = 1 USD



Clarita is 48 years old and married to Rex Dexter, a farmer. They have three children: John Rex Lester, 21 years old and a nursing graduate; Mark, 15 years old and a fourth year high school student; and Pinky, 13 years old, and a 3rd year high school student. They are living in Salay, Angadanan, Isabela.

She has managed a typical retail store in their village for almost ten years and her weekly income is PHP300.00. She plans to borrow a loan amount of PHP 11,000.00 from KIVA lenders for additional capital. One of their sources of income is hog-raising. She works hard for the education of their children and to support her husband financially. She said that "God provides all what we ask for, just have faith on Him, Nothing is impossible."

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Journal entries for Clarita Ramos


Loan has been disbursed
 
Entrepreneur: Clarita Ramos
Location: Salay, Angadanan, Philippines

Thank you for your loan. It has been disbursed to Clarita Ramos 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 Salay, Angadanan, Philippines
Oct 8, 2009
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Kiva Help Repayment Schedule for Clarita Ramos

  Expected Repayments Actual Repayments Comments
December 2009 $73.02 $73.02 Repayment Received
January 2010 $41.73 Available Jan 1  
February 2010 $52.16 Available Feb 1  
March 2010 $41.73 Available Mar 1  
April 2010 $41.36 Available Apr 1