Jennifer Jalipa

Status: Paid Back

$325.00		Loan Request
$325.00		Paid Back

About the Entrepreneur

Name:	Jennifer Jalipa
Location:	Malapatan, Sarangani Province, Philippines
Activity:	General Store

About the Loan

Loan Amount:	$325.00
Loan Use:	To purchase additional merchandise for her store
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jan 17, 2009
Date Disbursed:	Dec 22, 2008
Date Funded:	Jan 17, 2009
Loan Ended:	May 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

1619

$377,275

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:	47.4715 PHP = 1 USD

Jennifer Jalipa is only 27. However, despite her age, she is already mature and started to worry about how is she going to stretch their family's budget. She has a son, who also has growing needs. At first, she was scared to raise him, but then her mother had been very generous in offering her a small store to manage.

Now, she is into retailing. Jennifer sells a variety of goods and earns enough money for the family. She also wants to consider venturing into other lines of business. That is why she joined the CEVI credit program, to avail loans and be able to purchase more merchandise to sell.

Jennifer is happy about partaking in the benefits of joining the CEVI microfinancing program. Now, she enjoys availing its services, including the credit assistance, trainings, and insurance coverage that it offers.

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Journal entries for Jennifer Jalipa

Loan has been disbursed Entrepreneur: Jennifer Jalipa Location: Malapatan, Sarangani Province, Philippines Thank you for your loan. It has been disbursed to Jennifer Jalipa by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 3 months of this loan, 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 Malapatan, Sarangani Province, Philippines Jan 18, 2009
Comment on this entry

Jennifer Jalipa, Loan Update Entrepreneur: Jennifer Jalipa Location: Malapatan, Sarangani Province, Philippines Jennifer Jalipa owns a small "sari-sari" store. "Sari-sari" means variety or a sundry shop. She sells variety of goods like soap, rice, canned good and other products. People are coming in to buy their needs. She receives her loan from CEVI and bought additional merchandise in her sari-sari store. She is excited for the possible profit increase she will enjoy in the coming months.
Posted by Jonathan Neri from Malapatan, Sarangani Province, Philippines Feb 22, 2009
Comments (1)

Repayment Schedule for Jennifer Jalipa

Show Advanced

	Expected Repayments	Actual Repayments	Comments
March 2009	$81.24	$81.29	Repayment Received
April 2009	$81.24	$81.29	Repayment Received
May 2009	$101.55	$101.47	Repayment Received
June 2009	$60.97	$60.95	Repayment Received