Gloria Abbido


Status: Paid Back

$175.00   Loan Request
$175.00   Paid Back

About the Entrepreneur

Name: Gloria Abbido
Location: Isabela, Philippines
Activity: General Store

About the Loan

Loan Amount: $175.00
Loan Use: Store Improvement
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 4, 2009
Date Disbursed: Feb 6, 2009
Date Funded:Mar 4, 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



Gloria Abbido has a small store in their village. She maintains her business to support her family's basic needs. The store is their sole source of family income, since her husband is only a part-time construction worker. Gloria is rigorously looking for other business opportunities aside from her store, to earn more money and uplift her family's life. Apart from her business, she also hopes to continue to send her children to school to finish their studies for a better future. Thus, Gloria wanted to borrow the amount of PHP8,000 to further develop her community store.

β€œIt feels good when someone appreciates your deeds,” said Gloria, and she promises herself that she will continuously work harder while still strong to support her family. She is 40 years old with three children, namely: Denmark - 20 years old, fourth year college; Cherry Mae - 14 years old, third year high school; and John – 6 years old, kindergarten. Her husband, Nelson, also tries his best to earn a living for their family.





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Lenders to this entrepreneur

festival
Montreal, Quebec
Canada

Paul
Hong Kong, Hong Kong
Hong Kong

Mark Childs
Lacey, WA
United States

Blake Matheny
Indianapolis, IN
United States

a fan

India

Frances
Menlo Park, CA
United States

Anonymous
enschede,
Netherlands



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Journal entries for Gloria Abbido


Loan has been disbursed
 
Entrepreneur: Gloria Abbido
Location: Isabela, Philippines

Thank you for your loan. It has been disbursed to Gloria Abbido 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 5, 2009
Comment on this entry

Business improvement through additional capital
 
Entrepreneur: Gloria Abbido
Location: Isabela, Philippines

Gloria utilized her loan in purchasing two bundles of assorted merchandise, 30 bottled mineral water, soft drinks and other groceries for her store. She spends her income to send her children to school and other family needs. She is thankful for the lenders for helping poor people like her.


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

  Expected Repayments Actual Repayments Comments
May 2009 $58.48 $58.46 Repayment Received
June 2009 $29.24 $29.20 Repayment Received
July 2009 $29.24 $29.24 Repayment Received
August 2009 $36.55 $36.55 Repayment Received
September 2009 $21.49 $21.55 Repayment Received