Loty Ople


Status: Paying Back

$225.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Loty Ople
Location: Pililia, Rizal, Philippines
Activity: Fishing

About the Loan

Loan Amount: $225.00
Loan Use: To buy things necessary for their fishing business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 3, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.6300 PHP = 1 USD



Loty Ople is now 47 years old and married to Joey Ople, who is 48 years old. In the long years of their marriage they were given five children: Judy Ann, 27; Bill Joel, 25; Jackielou, 24; Joelito, 20, and Alexis Miel, 4 years old. Most of their children are currently studying, so more money is being spent on the expenses for their education. Loty and Joey have doubled their work in order to earn more income for them.


One good thing is that some of their children are now working, so they are contributing to the educational expenses of their siblings. Aside from the employment of their other children, their main source of income is through their fishing business. Loty's husband is a fisherman, and she is the one who personally manages the business.

Loty helps her husband through the financial aspect of their business. The money that finances the business comes from Loty, which she gets from the Kiva field partner, Ahon sa Hirap Inc. (ASHI), since she become a member. She has always properly utilized every loan that she received. Generally, she used the loans to buy the needs of their business to make it more productive. She will do the same thing with this loan, to make sure that the business will grow.

One dream that Loty and Joey share is to have a big fish pond in the sea that would provide them with income and enable them to live a better life.


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Journal entries for Loty Ople


Loan has been disbursed
 
Entrepreneur: Loty Ople
Location: Pililia, Rizal, Philippines

Thank you for your loan. It has been disbursed to Loty Ople by Ahon sa Hirap, Inc. (ASHI) in Philippines. We are excited to watch this business grow. Over the 6 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 Pililia, Rizal, Philippines
Nov 4, 2009
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Kiva Help Repayment Schedule for Loty Ople

  Expected Repayments Actual Repayments Comments
January 2010 $54.00 Available Jan 1  
February 2010 $27.00 Available Feb 1  
March 2010 $36.00 Available Mar 1  
April 2010 $36.00 Available Apr 1  
May 2010 $45.00 Available May 1  
June 2010 $27.00 Available Jun 1