Severina Manatad

Status: Paid Back

$125.00		Loan Request
$125.00		Paid Back

About the Entrepreneur

Name:	Severina Manatad
Location:	Loon, Bohol, Philippines
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$125.00
Loan Use:	Buying ingredients and food items
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 19, 2008
Date Disbursed:	Nov 3, 2008
Date Funded:	Nov 19, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Field Partner Risk Rating:

(Learn more)

Active

12 months

1634

$380,925

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Philippines
Avg Annual Income:	$1,175.00
Currency:	Philippines Pesos (PHP)
Exchange Rate:	48.9940 PHP = 1 USD

As a mother, Severina Manatad, a 45-year old resident of Basak, Loon, Bohol, always wants the best for her 5 children. She desires to change her life and build a good future for her kids by paying more attention to how she could run her business well. Now, she operates a “carenderia” (food stall) in front of their house with her husband helping her run the business. From her earnings, she was able to send 3 of her children to secondary school.

She is requesting her first loan of PHP 6,000 from CEV to purchase additional ingredients and food items to expand her business.

“With my loan, I could compete well with other food stalls, and attract more customers,” she uttered with confidence.

By joining the program of CEV, she has access to credit, trainings, and insurance services that she believes could help improve the living conditions of her family.

Lenders to this entrepreneur

Wayne & Betsy
Tullahoma, TN
United States

Thomas
New York, NY
United States

Ramona
KivaFriends.org, Berlin
Germany

Bonnie
Canajoharie, NY
United States

Rico
Dasmarinas, Cavite
Philippines

Top Lending Teams for this entrepreneur

Philippines
Local Area
130 Members

KivaFriends.org
Common Interest
956 Members

Journal entries for Severina Manatad

Loan has been disbursed Entrepreneur: Severina Manatad Location: Loon, Bohol, Philippines Thank you for your loan. It has been disbursed to Severina Manatad by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the next 4 months, Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Loon, Bohol, Philippines Nov 20, 2008
Comment on this entry

Severina Manatad, Loan Update Entrepreneur: Severina Manatad Location: Loon, Bohol, Philippines I actually has the chance to visit Severina Manatad to ask for an update to where she really put her loan. It is part of the process to really conduct Loan Utilization Check , So when I did conduct the visit, I saw her sitting confidently in a chair because all her foods were already sold. She wants to thanks all her lenders for supporting her loan request.
Posted by Jonathan Neri from Loon, Bohol, Philippines Jan 16, 2009
Comment on this entry

Repayment Schedule for Severina Manatad

Show Advanced

	Expected Repayments	Actual Repayments	Comments
January 2009	$12.50	$12.50	Repayment Received
February 2009	$31.25	$31.25	Repayment Received
March 2009	$25.00	$25.00	Repayment Received
April 2009	$25.00	$37.50	Repayment Received
May 2009	$31.25	$18.75	Repayment Received