Amera Quives


Status: Paying Back

$425.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Amera Quives
Location: Valladolid, Negros Occidental, Philippines
Activity: Fishing

About the Loan

Loan Amount: $425.00
Loan Use: To make more nets and provide additional working capital.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 2, 2009
Date Funded:Nov 2, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.4100 PHP = 1 USD



Amera Quives and her husband, Lorenzo, are engaged in the fishing business in their small village in Tabao, Zone 2, Valladolid, Negros Occidental, in the Philippines.

They started off in this business without owning a fishing boat, even a small one, as they had no money to purchase one. Their recourse then was to hitch a ride with other fishermen in their boats, fish and sell the fish to the local community. However, with a lot of hard work and a desire to improve not only their quality of life but also the education of their three children, Amera joined NWTF-Project Dungganon in 1999 and slowly they were able to improve their business. They were able to buy their own fishing boat, purchase more nets, venture into catching crabs, and now they are able to sell these not only in the local community but also to businessmen, who sell their crabs and some fish in the big cities, getting them more margin on their catch.

Now on her 13th loan cycle with NWTF-Project Dungganon, Amera earns between P6-16,000 a month from the business, which helps a lot in providing for their household expenses and sending her three children to school, and even allowing them to expand their fishing business. For her next loan, Amera needs P19,500 to purchase materials to build more nets to catch bigger crabs. At the same time she will use some of the money for additional working capital for the business, which will allow them to increase their catch and hopefully, save more money in the hopes of adding a few fishing boats to their fleet in the near future.

About NWTF
In a world full of challenges, Negros Women for Tomorrow Foundation, Inc. has answered the call of not just a few but thousands of women. Through the alleviation program, these women have progressed from earning less than a measly $1 a day, to surpassing the realities beyond their dreams. They have learned to live a life which can be called honorable. This is Project Dungganon.


Subscribe

Lenders to this entrepreneur

Georges
Sierre,
Switzerland

Guillermo
Philadelphia, PA
United States

Teddy
Missouri City, TX
United States

Michael
Arlington, VA
United States

ProgressiveFunds
Everett, WA
United States

Peter en Loes
Capelle a/d IJssel,
Netherlands

Anonymous
Atlanta, GA
United States

Anonymous
South San Francisco, CA
United States

Paolo
San Francisco, CA
United States

Corinne
Almere,
Netherlands

Mary
SCHENECTADY, NY
United States

christina
philadelphia, pa
United States

Stephen
Wheaton, IL
United States

Kristy
Denver, CO
United States

Sandy
Camdenton, MO
United States



Top Lending Teams for this entrepreneur


Wheaton College
Colleges/Universities
9 Members

Friends of TSK
Other
10 Members

Swiss Kiva
Local Area
181 Members

Journal entries for Amera Quives


Loan has been disbursed
 
Entrepreneur: Amera Quives
Location: Valladolid, Negros Occidental, Philippines

Thank you for your loan. It has been disbursed to Amera Quives by Negros Women for Tomorrow Foundation, Inc. (NWTF) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Negros Women for Tomorrow Foundation, Inc. (NWTF) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Valladolid, Negros Occidental, Philippines
Nov 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Amera Quives

  Expected Repayments Actual Repayments Comments
January 2010 $136.00 Available Jan 1  
February 2010 $68.00 Available Feb 1  
March 2010 $85.00 Available Mar 1  
April 2010 $68.00 Available Apr 1  
May 2010 $68.00 Available May 1