Arlyn Borjal


Status: Paying Back

$175.00   Loan Amount
26% repaid

About the Entrepreneur

Name: Arlyn Borjal
Location: Manila City, Philippines
Activity: Food Production/Sales

About the Loan

Loan Amount: $175.00
Loan Use: To purchase food ingredients and a burger grill
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 27, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 27, 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 Arlyn Borjal, a young businesswoman who lives among the poor communities in Parola, Tondo, Manila. She is 33 years old and her husband, Emilio, 35, works for a construction firm. They have six children: the eldest is in high school, four are in grade school, and the youngest stays at home.

Arlene started cooking and selling food items and other goodies to her neighbors last year. She sells rice cakes, finger foods, snacks, burgers and fruit shakes and earns close to P10,000 a month. Her earnings answer for their daily basic needs.

Arlene is now in need of a loan of P8,000 to buy food ingredients. She is also set to buy a small grill for cooking burgers. She dreams of having her own permanent place of business, more like a restaurant.


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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Lenders to this entrepreneur

Edward
Middleburg, FL
United States

Michael and Jill
Oakland, CA
United States

Lash & Goldberg LLP
Miami, FL
United States

David
North York, Ontario
Canada



Journal entries for Arlyn Borjal


Loan has been disbursed
 
Entrepreneur: Arlyn Borjal
Location: Manila City, Philippines

Thank you for your loan. It has been disbursed to Arlyn Borjal by Center for Community Transformation Credit Cooperative (CCT) in Philippines. We are excited to watch this business grow. Over the 3 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 Manila City, Philippines
Oct 28, 2009
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Kiva Help Repayment Schedule for Arlyn Borjal

  Expected Repayments Actual Repayments Comments
December 2009 $46.67 $46.67 Repayment Received
January 2010 $46.66 Available Jan 1  
February 2010 $58.34 Available Feb 1  
March 2010 $23.33 Available Mar 1