Vicente Aquino

Status: Paid Back

$275	Loan Request Pre-Disbursed : May 14, 2009 Listed: Jun 4, 2009 Funded: Jun 13, 2009
$275	Paid Back Ended: Dec 15, 2009

About the Field Partner

Alalay sa Kaunlaran, Inc. (ASKI) administers this loan. Learn more

Field Partner:

Alalay sa Kaunlaran, Inc. (ASKI)

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Active

Time on Kiva:

14 months

Kiva Entrepreneurs:

4732

Total Loans:

$928,200

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	50%
Profitability (Return on Assets):	1%
Average Loan Size (% of Per Capita Income):	13%

Delinquency Rate:

0.00%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Philippines
Avg Annual Income:	$1175
Currency:	Philippines Pesos (PHP)
Exchange Rate:	47.0035 PHP = 1 USD

About the Loan

Location:	Pangal Norte Echague, Isabela, Philippines	Repayment Term:	8 months (more info)
Activity:	Farming	Repayment Schedule:	At end of term
Loan Use:	To use on his farm	Currency Exchange Loss:	Covered
		Default Protection:	Covered

Vicente is 48 years old and married to Ma. Elena. They have two children: Daphnie - 13 years old, a high school sophomore and Hyacinth May - 12 years old, an incoming high school student.

Vicente manages a rice-farming and hog-raising business at the same time. He would like to develop his businesses to have a higher yield for him to continuously support the education of his two children.

He is hoping that he could obtain a loan of PHP 12,000 that he can use on his farm. This would mean a lot, not only for his business but also for his family. His wife is working abroad and they have to sacrifice to uplift their life from poverty.

Lenders to this entrepreneur

T.J.

Grant
Brisbane, Queensland

Clive
Hong Kong,
Hong Kong

MargRich
Riverhead, NY
United States

Robert
Lytham, Lancashire
United Kingdom

Valerie
Laguna Hills, CA
United States

Anonymous
San Diego, CA
United States

Cheryl
Springdale, AR
United States

Graham
Charlottesville, VA
United States

judith
millers creek, NC
United States

Top Lending Teams for this entrepreneur

Andersons
Families
3 Members

Journal entries for Vicente Aquino

Loan has been disbursed Entrepreneur: Vicente Aquino Location: Pangal Norte Echague, Isabela, Philippines Thank you for your loan. It has been disbursed to Vicente Aquino by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 6 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 Pangal Norte Echague, Isabela, Philippines Jun 14, 2009
Comment on this entry

Struggling for a stable business Entrepreneur: Vicente Aquino Location: Pangal Norte Echague, Isabela, Philippines Vicente is thankful that KIVA lenders made a loan for his rice field possible. The amount was a big help. He purchased fertilizers and seed varietals for planting. He hopes that lenders will keep supporting him as he strives to stabilize his business. A Kiva Fellow working in the field helped post this journal. About ASKI: ASKI’s Vision: A God-centered, model microfinance organization committed to serving the needy in Luzon through socio-economic development and holistic transformation See ASKI borrowers who are currently fund raising on Kiva Here OR cut and paste this link into your browser.... http://www.kiva.org/app.php?page=businesses&partner_id=123&status=fundRaising&sortBy=New+to+Old To read more about ASKI visit their partner profile page Here OR cut and paste this into your browser http://www.kiva.org/about/aboutPartner?id=123 ASKI is a proud host of Kiva Fellows. Read more about what it is like to be a Kiva Fellow check out our blog Here Or cut and paste this into your browser http://fellowsblog.kiva.org/ Support ASKI and their staff and join the ASKI lending team Here Or cut and past this link into your browser http://www.kiva.org/community/viewTeam?team_id=6834
Posted by Mary Riedel from Pangal Norte Echague, Isabela, Philippines Oct 22, 2009
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Repayment Schedule for Vicente Aquino

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	Expected Repayments		Actual Repayments		Comments
January 2010	$275.00		$275.00		Repayment Received