Aracelie Monibet
Status: Paying Back
| $175.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Aracelie Monibet |
|---|---|
| Location: | Valencia City, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $175.00 |
|---|---|
| Loan Use: | To invest in expanding her business |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 6, 2009 |
| Date Disbursed: | Oct 6, 2009 |
| Date Funded: | Nov 6, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Hagdan sa Pag-uswag Foundation, Inc. (HSPFI) |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 9 months |
| Kiva Entrepreneurs: | 1856 |
| Total Loans: | $316,550 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
|---|---|
| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 47.6100 PHP = 1 USD |
Aracelie Monibet is from the village of Valencia City. She is 39 years old. Aracelie is married and has 3 school-age children. To make a living, Aracelie owns & operates a business venture in the retail sector running a sari-sari (variety) retail shop. While not the only means for generating revenue, the main source of income for the business comes primarily from selling both food & daily use products in the local community. Aracelie has been engaged in her business for over 1 year and earns approximately 5000 PHP a month for these activities.
In 2009, Aracelie joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Aracelie has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Aracelie is requesting a new loan of 8000 PHP which will be used to invest in expanding the business. This loan will be the 2nd loan taken out by Aracelie from HSPFI.
About HSPFI:
HSPFI is one of accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
In 2009, Aracelie joined HSPFI to gain access to financial services to help improve her living situation and ability to engage in business activities. Aracelie has successfully repaid a previous loan of 5000 PHP from HSPFI. This previous loan was used to to purchase additional products to sell. Aracelie is requesting a new loan of 8000 PHP which will be used to invest in expanding the business. This loan will be the 2nd loan taken out by Aracelie from HSPFI.
About HSPFI:
HSPFI is one of accredited partners of Opportunity International in the Philippines. It is based in Cagayan de Oro City and is reaching out to the poor households of Northern Mindanao.
*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, we created this template for our field staff to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.
Important Information About This Loan
To join the HSPFI Lending Team please click on the link: http://www.kiva.org/team/hspfi
Subscribe
Lenders to this entrepreneur
Top Lending Teams for this entrepreneur
Journal entries for Aracelie Monibet
|
Loan has been disbursed
Location: Valencia City, Philippines
|
|
|
Posted by
from Valencia City, Philippines
Nov 7, 2009 |
|
|
Comment on this entry
|
|
Repayment Schedule for Aracelie Monibet
Repayment Schedule for Aracelie Monibet
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $64.47 | Available Jan 1 | |||
| February 2010 | $46.06 | Available Feb 1 | |||
| March 2010 | $36.84 | Available Mar 1 | |||
| April 2010 | $27.63 | Available Apr 1 | |||
| 
