Dhan Rivera


Status: Paying Back

$125.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Dhan Rivera
Location: Quirino,solano,nueva Vizcaya, Philippines
Activity: Transportation

About the Loan

Loan Amount: $125.00
Loan Use: Additional capital for the maintenance of his jeepney
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 8, 2009
Date Disbursed: Oct 7, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3200 PHP = 1 USD



Due to hardships and difficulties in life, Dhan Rivera did not pursue his studies in college. He works as a conductor for one of the noble families in Solano. For five years, he has been married to Cherry Ann. They are gifted with two children namely, Diether Harry Rivera and Princess Dhanery Rivera. They live peacefully in a village located at Brgy. Quirino, Solano, Nueva Vizcaya. Being parents, they have the responsibility to send their children to school and give them a better future.
Despite the hardships and difficulties in life, they are striving hard to earn an income and to support the financial needs of their children in school. His wife chose to work as an Overseas Factory Worker in Bierut, Lebanon while Dhan is busy doing his work as a conductor. After two years, his wife bought a jeepney for them which they used to earn income. For the maintenance of their jeepney, Dhan is applying for a loan amounting to Php5,000.00 from the KIVA lenders. He hopes that with this financial assistance, he can continuously use his jeepney to earn a living and support the schooling of their children. Through their patience and sacrifices, he can earn a net income of P 6,000.00 a month, which he used to acquire their daily needs and finance the schooling of their children.


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Lenders to this entrepreneur

Jessica
Flushing, NY
United States

Mona & Randy Simoneaux
Labadieville, LA
United States

Petra
Bratislava,
Slovakia

Anonymous
Amsterdam,
Netherlands

john
Thamesville, Ontario
Canada



Journal entries for Dhan Rivera


Loan has been disbursed
 
Entrepreneur: Dhan Rivera
Location: Quirino,solano,nueva Vizcaya, Philippines

Thank you for your loan. It has been disbursed to Dhan Rivera 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 Quirino,solano,nueva Vizcaya, Philippines
Nov 9, 2009
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Kiva Help Repayment Schedule for Dhan Rivera

  Expected Repayments Actual Repayments Comments
January 2010 $36.46 Available Jan 1  
February 2010 $26.04 Available Feb 1  
March 2010 $20.83 Available Mar 1  
April 2010 $20.84 Available Apr 1  
May 2010 $20.83 Available May 1