Fe Ibanez


Status: Paying Back

$225.00   Loan Amount
80% repaid

About the Entrepreneur

Name: Fe Ibanez
Location: Talairon, Oroquieta City, Philippines
Activity: Grocery Store

About the Loan

Loan Amount: $225.00
Loan Use: To buy longaniza to sell
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 22, 2009
Date Disbursed: Feb 10, 2009
Date Funded:Feb 22, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.9050 PHP = 1 USD



Hard-working woman best describes Mrs. Fe. Ibanez, 40 years old, separated, and a resident of Talairon, Misamis Occidental. She has three children, one in college and two in high school. Twelve years has passed since she has been separated from her husband. She works hard to raise her three children. With the help of Paglaum Multi-Purpose Cooperative, she was able to start-up a “sari-sari” store (small grocery store) with an initial capital of PHP 3,000. It all started with "one"-- one bottle of edible oil, vinegar, soy sauce, etc. She has managed it well. Until now, the business has existed. Now, she is requesting a loan of PHP 10,000 to buy longaniza to sell. Her other source of income is through the selling of AVON and SME products. She will be happy and fulfilled if she sees all her children finish their studies.







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Lenders to this entrepreneur

Wolfgang
KivaFriends.org, Berlin
Germany

Karil
San Francisco, CA
United States

Kim
Durham, NC
United States

Kieran
tring, Hertfordshire
United Kingdom

matt
Glen Waverley, Victoria
Australia

Katja & Ludwig
Weimar,
Germany

The Redwoods Group
Morrisville, NC
United States

Stefan
Ehrenkirchen,
Germany



Top Lending Teams for this entrepreneur


Berlin
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Journal entries for Fe Ibanez


update for Mrs. Fe Ibanez
 
Entrepreneur: Fe Ibanez
Location: Talairon, Oroquieta City, Philippines

Mrs. Fe Ibanez, was long been separated by her husband. SHe's a single mother. That's why she worked very hard , enable to support the needs of her children. She availed loan to Paglaum Cooperative. The purpose of this, is to buy longaniza as additional stocks for sale. It is sellable to neighbors. The picture was taken in her store. Some of the longaniza were delivered already to offices for credit of one week.


Posted by Florinda Agan from Talairon, Oroquieta City, Philippines
Feb 22, 2009
Comments (2)

Kiva Help Repayment Schedule for Fe Ibanez

  Expected Repayments Actual Repayments Comments
May 2009 $22.50 $22.50 Repayment Received
June 2009 $22.50 $22.50 Repayment Received
July 2009 $22.50 $22.53 Repayment Received
August 2009 $22.50 $22.53 Repayment Received
September 2009 $22.50 $22.44 Repayment Received
October 2009 $22.50 $22.50 Repayment Received
November 2009 $22.50 $22.50 Repayment Received
December 2009 $22.50 $22.50 Repayment Received
January 2010 $22.50 Available Jan 1  
February 2010 $22.50 Available Feb 1