Eufemia Battad

Status: Paid Back

$225
Loan Request
Pre-Disbursed : May 21, 2009
Listed: Jun 20, 2009
Funded: Jun 20, 2009
$225
Paid Back
Ended: Nov 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:48.4731 PHP = 1 USD


About the Loan

Location: Bimonton Mallig, Isabela, Philippines   Repayment Term: 7 months
(more info)
Activity: Tailoring   Repayment Schedule: Monthly
Loan Use: To expand both her tailoring business and her general store.   Currency Exchange Loss: Covered
      Default Protection: Covered

Eufemia runs a tailoring shop and a general store. She is requesting a loan from Kiva lenders for PHP 10,000 to use as additional working capital for both her businesses.



Her four children have already finished degree and non-degree courses. One is in Hong Kong working as domestic helper. Eufemia hopes to make her business become progressive without depending on her children’s support. She believes that she is still strong and able to do beneficial things for her family's future.



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Journal entries for Eufemia Battad


Loan has been disbursed
 
Entrepreneur: Eufemia Battad
Location: Bimonton Mallig, Isabela, Philippines

Thank you for your loan. It has been disbursed to Eufemia Battad 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 Bimonton Mallig, Isabela, Philippines
Jun 21, 2009
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Loan for business maintenance
 
Entrepreneur: Eufemia Battad
Location: Bimonton Mallig, Isabela, Philippines

Eufemia uses her borrowed loan in purchasing different merchandise to retail in her sari-sari store. Aside from that, she also used the loan for the maintenance of her sewing machine. She would like to thank Kiva lenders for granting her request.


Posted by Kristine Victoria from Bimonton Mallig, Isabela, Philippines
Aug 26, 2009
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Kiva Help Repayment Schedule for Eufemia Battad

  Expected Repayments Actual Repayments Comments
August 2009 $56.28 $56.29 Repayment Received
September 2009 $46.90 $46.89 Repayment Received
October 2009 $37.52 $37.52 Repayment Received
November 2009 $37.52 $37.52 Repayment Received
December 2009 $46.78 $46.78 Repayment Received