Ferdinand Angeles


Status: Paying Back

$550.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Ferdinand Angeles
Location: Cabaruan, Cauayan City, Isabela, Philippines
Activity: Internet Cafe

About the Loan

Loan Amount: $550.00
Loan Use: Additional capital for his internet cafe
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 20, 2009
Date Disbursed: Oct 9, 2009
Date Funded:Oct 21, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:46.4900 PHP = 1 USD



Ferdinand is 39 years old. He was a soldier and he is married to Ma. Luisa Angeles, a full time housewife. They have two kids: Carl Luis Ferdinand who is 7 years old and in grade 1 and Sonia Ysabel who is one year old. They are living harmoniously at Cabaruan, Cauayan City Isabela, one kilometer away from the national highway. His internet cafe is located at Cabatuan Road.
He has operated an internet cafe for almost seven years. His weekly net income is PHP 2,000.00. His wife also has an electronic load station for cell phones inside his internet cafe. He applied for a loan amount of PHP 25,000.00, for additional capital to be able to make his business productive. As a loving and industrious father to his family, he wants to earn more income in order to support his family, especially financially, for their better future in life.

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Journal entries for Ferdinand Angeles


Loan has been disbursed
 
Entrepreneur: Ferdinand Angeles
Location: Cabaruan, Cauayan City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Ferdinand Angeles by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 6 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 Cabaruan, Cauayan City, Isabela, Philippines
Oct 22, 2009
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Kiva Help Repayment Schedule for Ferdinand Angeles

  Expected Repayments Actual Repayments Comments
January 2010 $91.67 Available Jan 1  
February 2010 $91.68 Available Feb 1  
March 2010 $91.67 Available Mar 1  
April 2010 $91.68 Available Apr 1  
May 2010 $91.67 Available May 1  
June 2010 $91.63 Available Jun 1