Rosario Nieva


Status: Paying Back

$750.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Rosario Nieva
Location: Tanay, Rizal, Philippines
Activity: Beauty Salon

About the Loan

Loan Amount: $750.00
Loan Use: To finance all her businesses
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 4, 2009
Date Disbursed: Oct 27, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.6100 PHP = 1 USD



Rosario Nieva is 46 years old, and her partner now is Eugenio Garcia, 58 years old, with whom she has found true happiness. They were blessed with one child, Mark Lester, 12 years old. From her former unsuccessful marriage, she has two children, Rose Anne, 20 years old, and Rogelyn, 16 years old, for whom she is still responsible.



One source of their income comes from the salary of Eugenio, working as a foreman carpenter. The three children are currently studying so creating more expenses, especially her two older children who are in college. Rosario helps Eugenio in providing for their family through the income from buying and selling various frozen foods. Sometimes she sells some beauty products, and also offers her customers pedicures or manicures, treatment for their hair, a spa for their feet, and facial treatments.



Her 7th loan from Kiva field partner Ahon sa Hirap Inc. (ASHI) is will be used in buying what is needed for these businesses: frozen foods and beauty products and for her other business, nail polish, things used in treating hair, face, and feet. She is sure after buying all this, she will get a big boost in income because these are all the things that help her in improving her businesses.



The education of her children is her priority in life, so she will do everything to make her businesses grow. One dream of hers is to have a beauty salon where they live so she can always afford the educational expenses of her children.


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Top Lending Teams for this entrepreneur


Kiva Washington, DC
Local Area
88 Members

Journal entries for Rosario Nieva


Loan has been disbursed
 
Entrepreneur: Rosario Nieva
Location: Tanay, Rizal, Philippines

Thank you for your loan. It has been disbursed to Rosario Nieva by Ahon sa Hirap, Inc. (ASHI) in Philippines. We are excited to watch this business grow. Over the 23 months of this loan, Ahon sa Hirap, Inc. (ASHI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tanay, Rizal, Philippines
Nov 9, 2009
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Kiva Help Repayment Schedule for Rosario Nieva

  Expected Repayments Actual Repayments Comments
January 2010 $30.00 Available Jan 1  
February 2010 $22.50 Available Feb 1  
March 2010 $30.00 Available Mar 1  
April 2010 $30.00 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $30.00 Available Jun 1  
July 2010 $30.00 Available Jul 1  
August 2010 $37.50 Available Aug 1  
September 2010 $30.00 Available Sep 1  
October 2010 $37.50 Available Oct 1  
November 2010 $30.00 Available Nov 1  
December 2010 $30.00 Available Dec 1  
January 2011 $37.50 Available Jan 1  
February 2011 $15.00 Available Feb 1  
March 2011 $30.00 Available Mar 1  
April 2011 $30.00 Available Apr 1  
May 2011 $37.50 Available May 1  
June 2011 $30.00 Available Jun 1  
July 2011 $37.50 Available Jul 1  
August 2011 $30.00 Available Aug 1  
September 2011 $30.00 Available Sep 1  
October 2011 $37.50 Available Oct 1  
November 2011 $30.00 Available Nov 1  
December 2011 $30.00 Available Dec 1