Richelle Quilang


Status: Paying Back

$325.00   Loan Amount
8% repaid

About the Entrepreneur

Name: Richelle Quilang
Location: Cabaruan, Cauayan City, Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $325.00
Loan Use: Additional capital in her business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 29, 2009
Date Disbursed: Oct 21, 2009
Date Funded:Oct 29, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.7000 PHP = 1 USD



Richelle, 27 years of age, is married to Ryan, a medical representative. The couple is blessed with 2 children, namely: Shaina Mae, 7 years of age and Grade 2 pupil, and Gwyneth Yvonne, 4 years old. The family presently residing Sto.NiƱo Subdivision, Cabaruan, Cauayan City.

She operates a typical village store for almost 1 year already and her daily net income is PHP400.00. She wanted to avail a loan amounting to PHP15,000.00 to purchase some additional grocery items to sell in her retail store. She wants to secure the education of her two kids, that's why she spends her money wisely and she value even small things. She believes that patience is her key to a bountiful and productive business. She is thankful to those people who support her all the way.

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Journal entries for Richelle Quilang


Loan has been disbursed
 
Entrepreneur: Richelle Quilang
Location: Cabaruan, Cauayan City, Isabela, Philippines

Thank you for your loan. It has been disbursed to Richelle Quilang 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 Cabaruan, Cauayan City, Isabela, Philippines
Oct 30, 2009
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Kiva Help Repayment Schedule for Richelle Quilang

  Expected Repayments Actual Repayments Comments
December 2009 $27.08 $27.08 Repayment Received
January 2010 $54.17 Available Jan 1  
February 2010 $67.71 Available Feb 1  
March 2010 $54.17 Available Mar 1  
April 2010 $54.16 Available Apr 1  
May 2010 $54.17 Available May 1  
June 2010 $13.54 Available Jun 1