Samuela Ramos


Status: Paying Back

$125.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Samuela Ramos
Location: Palattao, Naguilian, Isabela, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $125.00
Loan Use: additional capital with which to grow her business
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
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



Samuela is married to Julius. She is 30 years old and gifted with two children: Joi Antonette, 10 years old, and Julius Jr., 8 years old. They live peacefully in the village of Palattao, Naguilian, Isabela.

Samuela has been selling frozen foods for four months. She sells them throughout their entire village on a house to house basis. Her starting capital was PHP 2,300; now, she wants to expand her business. She would like to borrow PHP 5,000, which is sufficient to expand her business. She hopes to get the chance to increase her income and thus sustain the growing needs of her family.



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Journal entries for Samuela Ramos


Loan has been disbursed
 
Entrepreneur: Samuela Ramos
Location: Palattao, Naguilian, Isabela, Philippines

Thank you for your loan. It has been disbursed to Samuela Ramos by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 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 Palattao, Naguilian, Isabela, Philippines
Oct 27, 2009
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Kiva Help Repayment Schedule for Samuela Ramos

  Expected Repayments Actual Repayments Comments
December 2009 $15.68 $15.68 Repayment Received
January 2010 $20.90 Available Jan 1  
February 2010 $26.12 Available Feb 1  
March 2010 $20.90 Available Mar 1  
April 2010 $20.90 Available Apr 1  
May 2010 $20.50 Available May 1