Marilyn Torres


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Marilyn Torres
Location: Minallo, Naguilian, Isabela, Philippines
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $175.00
Loan Use: To purchase more vegetables for her vending business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 3, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.4200 PHP = 1 USD



Marilyn Torres requests a loan of PHP7,000 for her vegetable vending business. She has been involved in the retail business for three years and with the help of lenders, she is making it more profitable. She hopes that her business will continuously be supported by lenders because it is the only source of income she has. As much as possible, she would still like to lend some help to her children because it makes her happy to share them with what she has.

Marilyn is a very generous mother to her four children. She wasn’t able to send her children to college, but somehow she was able to send them all to secondary school and is happy they graduated. They now have their own families and some of them have their own source of income already. Marilyn and her husband live together in the village of Minallo, Naguilian, Isabela.





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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Valerie
Macomb, IL
United States

Jeffrey
Shanghai, Shanghai
China

Jeremy
Canberra, Australian Capital Territory
Australia

Anonymous
Castle Hill, New South Wales
Australia

Dennis & Kayla
Clackamas, OR
United States



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Journal entries for Marilyn Torres


Loan has been disbursed
 
Entrepreneur: Marilyn Torres
Location: Minallo, Naguilian, Isabela, Philippines

Thank you for your loan. It has been disbursed to Marilyn Torres 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 Minallo, Naguilian, Isabela, Philippines
Nov 4, 2009
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Vending business developed through KIVA loan
 
Entrepreneur: Marilyn Torres
Location: Minallo, Naguilian, Isabela, Philippines

Marilyn Torres is hoping to develop her vegetable vending business into progress. She is thankful because the KIVA lenders provided her with a business capital for the second time. The loan she received enables her to purchase different kinds of vegetables that she offers in their neighborhood every day. Some of these vegetables are root crops, eggplant and bananas.


Posted by Kristine Victoria from Minallo, Naguilian, Isabela, Philippines
Nov 17, 2009
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Kiva Help Repayment Schedule for Marilyn Torres

  Expected Repayments Actual Repayments Comments
January 2010 $80.30 Available Jan 1  
February 2010 $29.20 Available Feb 1  
March 2010 $29.20 Available Mar 1  
April 2010 $29.20 Available Apr 1  
May 2010 $7.10 Available May 1