Wilson Balido

Status: Paying Back

$150	Loan Request Pre-Disbursed : Aug 25, 2009 Listed: Sep 24, 2009 Funded: Sep 24, 2009

79% repaid

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:	47.5219 PHP = 1 USD

About the Loan

Location:	Cabisera 9-11, Ilagan, Isabela, Philippines	Repayment Term:	8 months (more info)
Activity:	General Store	Repayment Schedule:	Monthly
Loan Use:	Additional Capital	Currency Exchange Loss:	Possible
		Default Protection:	Covered

Wilson is a very responsible husband and father. He is 40years old and he is married to Myrna, 38 years old. They are blessed with two children: Melowin, 18 years old, a first year college student and Eron, four years old, already studying in a Day Care Center in their village. Wilson is doing her best to provide the needs of his family and one of his goals is to send their children to school.

Wilson has been managing a store and a bakeshop in their village. He has been in this kind of business for already two years and he always wanted to further grow his business, however, availability of sufficient capital hinders him. He hopes to avail a loan amounting to PHP7, 000 to be used as his additional working capital for his retail business. The loan will be of big help for the progress of his business so he prays that lenders will give him the opportunity of improving his general store and bakeshop

Lenders to this entrepreneur

Anonymous
CHATHAM, Kent
United Kingdom

Michael
Bethesda, MD
United States

Anonymous
San Mateo, CA
United States

Journal entries for Wilson Balido

Loan has been disbursed Entrepreneur: Wilson Balido Location: Cabisera 9-11, Ilagan, Isabela, Philippines Thank you for your loan. It has been disbursed to Wilson Balido 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 Cabisera 9-11, Ilagan, Isabela, Philippines Sep 25, 2009
Comment on this entry

Update for Wilson Entrepreneur: Wilson Balido Location: Cabisera 9-11, Ilagan, Isabela, Philippines Wilson is thankful for the financial support he received from KIVA lenders. He is very happy for the opportunity provided by the lenders that helps him in making his business grow. He purchased different goods for his store and also sacks of flours and other ingredients for their bakeshop business too. Their income from the business really helps his family a lot. Thank you for lending! Check out the current loans funding on ASKI just cut and paste this link below into your browser (the old fashioned way!) http://www.kiva.org/app.php?page=businesses&partner_id=123&status=fundRaising&sortBy=New+to+Old
Posted by Kristine Victoria from Cabisera 9-11, Ilagan, Isabela, Philippines Jan 27, 2010
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Repayment Schedule for Wilson Balido

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	Expected Repayments	Actual Repayments	Comments
November 2009	$37.54	$37.54	Repayment Received
December 2009	$25.03	$25.03	Repayment Received
January 2010	$25.03	$25.03	Repayment Received
February 2010	$31.29	$31.29	Repayment Received
March 2010	$25.02	Available Mar 1
April 2010	$6.09	Available Apr 1