Martina Acosta
Status: Paying Back
| $225.00 | Loan Amount |
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16% repaid
About the Entrepreneur
| Name: | Martina Acosta |
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| Location: | Marcos, Roxas, Isabela, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $225.00 |
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| Loan Use: | purchasing more goods for her store and starting a new business |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 24, 2009 |
| Date Disbursed: | Oct 6, 2009 |
| Date Funded: | Oct 24, 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: | 47.1228 PHP = 1 USD |
Martina sells goods in the village of Marcos, Roxas, Isabela. She is married to Ricardo; they were blessed with three children, all of whom are married. Her income from her store really helps meet the needs of her grandchildren. She wants her business to make more of a profit so that she can continue to help her grandchildren.
Consequently, she wants to borrow PHP 10,000. It would serve as additional capital for her "sari-sari" (variety) store. Martina plans to buy additional goods for her store with the money. She is also planning to buy vegetables that she can sell in their village and thus have an additional source of income.
Consequently, she wants to borrow PHP 10,000. It would serve as additional capital for her "sari-sari" (variety) store. Martina plans to buy additional goods for her store with the money. She is also planning to buy vegetables that she can sell in their village and thus have an additional source of income.
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Journal entries for Martina Acosta
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Loan has been disbursed
Location: Marcos, Roxas, Isabela, Philippines
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Posted by
from Marcos, Roxas, Isabela, Philippines
Oct 25, 2009 |
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Comment on this entry
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Repayment Schedule for Martina Acosta
Repayment Schedule for Martina Acosta
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $37.53 | $37.53 |  Repayment Received
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| January 2010 | $37.53 | Available Jan 1 | |||
| February 2010 | $46.91 | Available Feb 1 | |||
| March 2010 | $37.53 | Available Mar 1 | |||
| April 2010 | $37.53 | Available Apr 1 | |||
| May 2010 | $27.97 | Available May 1 | |||
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