Babyruth Jabinar


Status: Paying Back

$450.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Babyruth Jabinar
Location: Pasay City, Philippines
Activity: Souvenir Sales

About the Loan

Loan Amount: $450.00
Loan Use: To use as additional capital for her business
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 27, 2009
Date Disbursed: Oct 1, 2009
Date Funded:Oct 28, 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 Babyruth Jabiñar, a businesswoman from Pasay City. Her husband, Epifanio, 38, works overseas. They have four children: one is in college, two are in high school, and the youngest is in grade school.

Babyruth’s general store is very new – it started four months ago yet is already earning close to P20,000 a month. She sells different accessories. She hires one youngster to attend to her business.

Babyruth became a member of the Center for Community Transformation (CCT) Credit Cooperative in 2005. She has applied for a new loan of P21,000 to beef-up her store by stocking more accessories to sell. It has always been her aim to send her child to college and that is why she has been working hard day and night. She also wishes to put up a computer shop soon.


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

Will
Charlottesville, VA
United States

Kim
Manly West, Queensland
Australia

Jambool, Inc.
San Francisco, CA
United States

VML

Philippines

The Dhar Group
Boston, MA
United States

Jane&Joel

Singapore

Michael
Winnipeg, Manitoba
Canada

Daniel
Roggwil,
Switzerland

FIONA
Melbourne, Victoria
Australia

howard and maureen
pinole, CA
United States

Christoffer
Oslo, Oslo
Norway

Kunal
Dubai, Dubai
United Arab Emirates

John
Cheltenham, Gloucestershire
United Kingdom

Dominik
Heidelberg,
Germany

jelly
Prague,
Czech Republic

Lisa
Singapore, Singapore
Singapore

Jacqueline
MILTON KEYNES, BUCKS
United Kingdom



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Journal entries for Babyruth Jabinar


Loan has been disbursed
 
Entrepreneur: Babyruth Jabinar
Location: Pasay City, Philippines

Thank you for your loan. It has been disbursed to Babyruth Jabinar 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 Pasay City, Philippines
Oct 29, 2009
Comment on this entry

loan utilization update
 
Entrepreneur: Babyruth Jabinar
Location: Pasay City, Philippines

Dear Lenders,

The Php 21,000 loan has already been disbursed to Babyruth Jabinar. She used the said amount to buy assorted school supplies and different varieties of toys and children’s accessories.

If you would like to support CCT, join our new lending team:

http://www.kiva.org/community/viewTeam?team_id=9184

For more information on CCT, please visit: http://www.kiva.org/about/aboutPartner?id=144


Posted by Sheila Grace Cayabyab from Pasay City, Philippines
Nov 15, 2009
Comment on this entry

Kiva Help Repayment Schedule for Babyruth Jabinar

  Expected Repayments Actual Repayments Comments
December 2009 $75.00 $75.00 Repayment Received
January 2010 $75.00 Available Jan 1  
February 2010 $93.75 Available Feb 1  
March 2010 $75.00 Available Mar 1  
April 2010 $75.00 Available Apr 1  
May 2010 $56.25 Available May 1