Fely Mostasisa


Status: Paying Back

$425.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Fely Mostasisa
Location: Caloocan City, Philippines
Activity: General Store

About the Loan

Loan Amount: $425.00
Loan Use: additional capital
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 26, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 26, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.1250 PHP = 1 USD



This is Fely Mostasisa, 66 years old. She seems to never get tired of the things she does. Her family lives in Pangarap Village, Caloocan City.



Fely has been in business for the last fifteen years. Through the years, she gets to add on new business ventures one after the other. She now has a small pharmacy and a general store where she sells purified drinking water in large plastic containers and soft drinks as well. She is earning P20,000 a month.



She is very thankful that her family now enjoys better living conditions as opposed to the poor life they had when they used to live amongst the squatter families in the metro.



Having become a member of the Center for Community Transformation (CCT) Credit Cooperative in 2006 was one of her treasured experiences. She currently needs a loan in the amount of P20,000 so she can purchase inventory for her store and pharmacy.





About CCT



The Center for Community Transformation (CCT) is an organized Christian response against poverty and social injustice. This is carried out through the fusion of social development initiatives and evangelical mission in a uniquely Filipino context. It serves urban and rural poor communities throughout the Philippines, in pursuit of its desire to see changed lives, strong families, and transformed communities centered in the Lordship of Jesus Christ.



CCT is a member of the Five Talents family.


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Journal entries for Fely Mostasisa


Loan has been disbursed
 
Entrepreneur: Fely Mostasisa
Location: Caloocan City, Philippines

Thank you for your loan. It has been disbursed to Fely Mostasisa by Center for Community Transformation Credit Cooperative (CCT) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Center for Community Transformation Credit Cooperative (CCT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Caloocan City, Philippines
Oct 27, 2009
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Kiva Help Repayment Schedule for Fely Mostasisa

  Expected Repayments Actual Repayments Comments
December 2009 $35.42 $35.42 Repayment Received
January 2010 $70.83 Available Jan 1  
February 2010 $88.54 Available Feb 1  
March 2010 $70.83 Available Mar 1  
April 2010 $70.84 Available Apr 1  
May 2010 $88.54 Available May 1