Bernadeth Cariaga

Status: Paying Back

$175	Loan Request Pre-Disbursed : Sep 18, 2009 Listed: Oct 8, 2009 Funded: Oct 8, 2009

62% 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:	46.4504 PHP = 1 USD

About the Loan

Location:	Villa Corazon, Mallig, Isabela, Philippines	Repayment Term:	8 months (more info)
Activity:	Charcoal Sales	Repayment Schedule:	Monthly
Loan Use:	Additional capital for charcoal making and vegetable vending	Currency Exchange Loss:	Possible
		Default Protection:	Covered

Bernadeth is engaged in charcoal making. Aside from this, she also sells vegetable in the public market of Mallig. With her desire to send her children to school and finish their studies, she wanted to continue her business and ask for business capital from the KIVA lenders amounting to PHP8,000. She is hoping that the lenders will approve her loan request for her to improve her charcoal making business and vegetable vending.

Bernadeth is already a widow and she only have one child. “Patience is the key to success” is her guiding principle in life. She is sending her child to school and dreams to finish her study until college. As she believes that education is the only wealth that she can give to her child.

Lenders to this entrepreneur

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Laurent D
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Belgium

showbe
niigata,
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Tigger
Adelaide, South Australia
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James
Apple Valley, MN
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Denise
Brooklyn, NY
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Andy
Brisbane, Queensland
Australia

Top Lending Teams for this entrepreneur

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Team Europe
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Beholders Group
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Bethel University
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Journal entries for Bernadeth Cariaga

Loan has been disbursed Entrepreneur: Bernadeth Cariaga Location: Villa Corazon, Mallig, Isabela, Philippines Thank you for your loan. It has been disbursed to Bernadeth Cariaga 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 Villa Corazon, Mallig, Isabela, Philippines Oct 9, 2009
Comment on this entry

Update for Bernadeth Entrepreneur: Bernadeth Cariaga Location: Villa Corazon, Mallig, Isabela, Philippines Bernadeth manages fire wood selling business. Her husband cut woods in the forest where they get their fire woods and sells in retail price in their village and in the market. Her borrowed loan was of big help to their business especially in maintaining and transporting their products to the market. She hopes that business will continue to grow. 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 Villa Corazon, Mallig, Isabela, Philippines Jan 27, 2010
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Repayment Schedule for Bernadeth Cariaga

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	Expected Repayments	Actual Repayments	Comments
December 2009	$43.84	$43.84	Repayment Received
January 2010	$36.53	$36.53	Repayment Received
February 2010	$29.22	$29.22	Repayment Received
March 2010	$29.23	Available Mar 1
April 2010	$29.22	Available Apr 1
May 2010	$6.96	Available May 1