Remedios Santome


Status: Paying Back

$275.00   Loan Amount
29% repaid

About the Entrepreneur

Name: Remedios Santome
Location: San Rafael, Aurora, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $275.00
Loan Use: Additional capital to buy more goods to sell from her store
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 16, 2009
Date Disbursed: Sep 17, 2009
Date Funded:Oct 16, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.1500 PHP = 1 USD



Remedios is 42 years of age, married and blessed with three children. Her children are presently in school and taking their studies. Remedios Santome has been in this business for ten years. Her business is the retailing of goods in her general store at their village of San Rafael, Aurora, Isabela. The familys main source of income is farming, planting rice in their fields and planting vegetables in their backyard. The profits from her business are being used to improve her business and her family’s savings for the future and emergencies.

Her husband is busy with their farming activities. Remedios wishes to expand her business to earn additional income of the family. If she adds more items of goods in her store, she will also earn a bigger profit. She is asking to borrow the amount of Php 12,000 in additional capital for her business through the KIVA lenders. She believes that her dreams will someday be achieve .


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Patrick
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Journal entries for Remedios Santome


Loan has been disbursed
 
Entrepreneur: Remedios Santome
Location: San Rafael, Aurora, Isabela, Philippines

Thank you for your loan. It has been disbursed to Remedios Santome 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 San Rafael, Aurora, Isabela, Philippines
Oct 17, 2009
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Kiva Help Repayment Schedule for Remedios Santome

  Expected Repayments Actual Repayments Comments
December 2009 $80.21 $80.21 Repayment Received
January 2010 $45.83 Available Jan 1  
February 2010 $45.84 Available Feb 1  
March 2010 $57.29 Available Mar 1  
April 2010 $45.83 Available Apr 1