Sherley Salvador


Status: Paid Back

$125.00   Loan Request
$125.00   Paid Back

About the Entrepreneur

Name: Sherley Salvador
Location: Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $125.00
Loan Use: Additional business capital
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 2, 2009
Date Disbursed: Feb 6, 2009
Date Funded:Mar 2, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.7000 PHP = 1 USD



Sherley Salvador is a resident of Calamagui 1st village, Isabela, Philippines. She is 49 years old and married to Andy, who is 56 years old and a vendor. The couple was blessed with six children. Michael is a commerce graduate, now working abroad as an OFW. Reymund is a graduate of a secretarial course. Jason, Dennis, and Jenivie are currently in college. Paul is in third grade. According to Sherley, hers is a close and supportive family.

She and her husband sell toys for kids in a small store in their village. This has been their family's main source of income since the 1990s. Sherley and her husband were able to send all of their children to school. She is thankful that they are able to support their family. Now Sherley wants to improve their business and needs a loan to provide additional business capital.




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Journal entries for Sherley Salvador


Loan has been disbursed
 
Entrepreneur: Sherley Salvador
Location: Isabela, Philippines

Thank you for your loan. It has been disbursed to Sherley Salvador 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 Isabela, Philippines
Mar 3, 2009
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Additional products for her store
 
Entrepreneur: Sherley Salvador
Location: Isabela, Philippines

Sherley spent her loan to buy children toys and accessories as additional products that she will sell in her store. The loan also helps her in providing her children with school allowance. She hopes that lenders will continue to help her for the improvement of their businesses.


Posted by Kristine Victoria from Isabela, Philippines
Mar 24, 2009
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Kiva Help Repayment Schedule for Sherley Salvador

  Expected Repayments Actual Repayments Comments
May 2009 $41.68 $41.67 Repayment Received
June 2009 $20.84 $20.80 Repayment Received
July 2009 $20.84 $20.84 Repayment Received
August 2009 $26.05 $26.05 Repayment Received
September 2009 $15.59 $15.64 Repayment Received