Marlon Castillo


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Marlon Castillo
Location: Parog-parog Solana, Cagayan, Philippines
Activity: Farming

About the Loan

Loan Amount: $700.00
Loan Use: To buy agricultural supplies
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Oct 19, 2009
Date Disbursed: Sep 24, 2009
Date Funded:Oct 19, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.9900 PHP = 1 USD



Marlon, or Mar as he is called in their village, is married to Rosemarie and they are gifted with one child. The family lives in the village of Parog-Parog, Solana, Cagayan. They want their child to have a progressive living someday and so they strive to continuously send him to school until college. They help each other to earn income for their survival and for the future of their only child.

Despite the economic crisis that is happening in the country, Marlon is doing his best to uplift their poor living situation. He patiently tills his rice field in order to have a productive harvest. Furthermore, Marlon also manages a hog-raising business that is also of big help in meeting the needs of the family.

Due to financial difficulty, Marlon wants to request financial assistance of PHP 32,000 from Kiva lenders to enable him to purchase the needed agricultural supplies for the maintenance of his crops. He hopes that his harvest will become more plentiful and that he will earn a higher income with the continuous support of Kiva.


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Lenders to this entrepreneur

P & G
Delft,
Netherlands

Stephen
Alpharetta, GA
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Carl
Alger, OH
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Anonymous
raleigh, NC
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Lisa
San Francisco, CA
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Breanne & Kristie
Lethbridge, Alberta
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Kent
Stockholm,
Sweden

Michael Joy, Esq.
Tolleson, AZ
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Anonymous
Alexandria, VA
United States

Thomas G.
Denver, CO
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Robert
Bristow, VA
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Laurent D
Brussels,
Belgium

Mohammad
Toronto, Ontario
Canada

Mr. Oliver's Econ Class
Eustis, FL
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O & L
Laurel, Maryland
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Nazaret
Lublin, Poland
Poland

SIID
Delaware, OH
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Steve
New Haven, CT
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Rod, Colby, Kiana
Billings, MO
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Robbie
Santa Ynez, CA
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Top Lending Teams for this entrepreneur


OWU
Colleges/Universities
2 Members

Seventh-day Adventists
Religious Congregations
23 Members

India
Common Interest
766 Members

Genesys Telecommunications Laboratories, Inc.
Businesses - Internal Groups
24 Members

Yale University
Colleges/Universities
42 Members

Journal entries for Marlon Castillo


Loan has been disbursed
 
Entrepreneur: Marlon Castillo
Location: Parog-parog Solana, Cagayan, Philippines

Thank you for your loan. It has been disbursed to Marlon Castillo 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 Parog-parog Solana, Cagayan, Philippines
Oct 20, 2009
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Kiva Help Repayment Schedule for Marlon Castillo

  Expected Repayments Actual Repayments Comments
April 2010 $700.00 Available Apr 1