Rex Regalado


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rex Regalado
Location: Norala, South Cotabato, Philippines
Activity: Farming

About the Loan

Loan Amount: $175.00
Loan Use: Financing
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Oct 19, 2009
Date Disbursed: Sep 30, 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



Rex Regalado is a 32 year old farmer from Norala, South Cotabato. He started managing his 1 hectare rice field in 2004. On May 2009, he joined Community Economic Ventures, Inc. because of its good program. It helped him finance his business with a low interest rate.

Now he is requesting a loan of Php 8,000 to buy farm inputs (fertilizers, etc.), payment for a hand tractor, and labor. This will help him to not delay the application of farm inputs on his farm.

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Journal entries for Rex Regalado


Loan has been disbursed
 
Entrepreneur: Rex Regalado
Location: Norala, South Cotabato, Philippines

Thank you for your loan. It has been disbursed to Rex Regalado by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 4 months of this loan, Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Norala, South Cotabato, Philippines
Oct 20, 2009
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Kiva Help Repayment Schedule for Rex Regalado

  Expected Repayments Actual Repayments Comments
April 2010 $175.00 Available Apr 1