Rodolfo Dela Cruz
Status: Paying Back
| $150.00 | Loan Amount |
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20% repaid
About the Entrepreneur
| Name: | Rodolfo Dela Cruz |
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| Location: | Villa Concepcion Cauayan City, Isabela, Philippines |
| Activity: | Fuel/Firewood |
About the Loan
| Loan Amount: | $150.00 |
|---|---|
| Loan Use: | Additional capital to buy gasoline to sell |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 19, 2009 |
| Date Disbursed: | Sep 25, 2009 |
| Date Funded: | Oct 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Alalay sa Kaunlaran, Inc. (ASKI) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2870 |
| Total Loans: | $559,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 46.8950 PHP = 1 USD |
Rodolfo Dela Cruz is 53 years old and his wife, Julieta, is only 31 years old. Although there is a big difference in their ages, they truly love each other. Their house is located along the national highway. Most roads in their village are not fully developed because their area is rural.
They are blessed with three children. Marites, age 22, is a farmer; Erimalen, age 20, owns a retail store in their village; and their youngest child, Roderick, age 18, is a farmer. All of the children are married.
Rodolfo and his wife sell gas engines. His daily net income is PHP 100.00. In addition, they buy and sell carabao (water buffalo) that cost PHP 15,000.00, and they have a three-hectare (7.5-acre) corn farm. During every crop season, their net income is PHP 20,000.00.
To get additional capital, he has decided to apply his first loan of PHP 6,000.00 from Kiva lenders. He wants to buy gasoline to sell so he can increase his income. He hopes that Kiva will grant his loan as soon as possible.
They are blessed with three children. Marites, age 22, is a farmer; Erimalen, age 20, owns a retail store in their village; and their youngest child, Roderick, age 18, is a farmer. All of the children are married.
Rodolfo and his wife sell gas engines. His daily net income is PHP 100.00. In addition, they buy and sell carabao (water buffalo) that cost PHP 15,000.00, and they have a three-hectare (7.5-acre) corn farm. During every crop season, their net income is PHP 20,000.00.
To get additional capital, he has decided to apply his first loan of PHP 6,000.00 from Kiva lenders. He wants to buy gasoline to sell so he can increase his income. He hopes that Kiva will grant his loan as soon as possible.
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Journal entries for Rodolfo Dela Cruz
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Loan has been disbursed
Location: Villa Concepcion Cauayan City, Isabela, Philippines
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Posted by
from Villa Concepcion Cauayan City, Isabela, Philippines
Oct 20, 2009 |
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Comment on this entry
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Repayment Schedule for Rodolfo Dela Cruz
Repayment Schedule for Rodolfo Dela Cruz
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $31.25 | $31.25 |  Repayment Received
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| January 2010 | $31.25 | Available Jan 1 | |||
| February 2010 | $25.00 | Available Feb 1 | |||
| March 2010 | $25.00 | Available Mar 1 | |||
| April 2010 | $25.00 | Available Apr 1 | |||
| May 2010 | $12.50 | Available May 1 | |||
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