This loan has been FULLY FUNDED by 3 lenders!

Raquel Pasion
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Status: Paying Back

$125
Loan Request
Pre-Disbursed : Oct 21, 2009
Listed: Nov 12, 2009
Funded: Nov 13, 2009
Looking for a Fundraising Loan?
62% repaid

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About the Loan

Location: Quezon San Isidro, Philippines   Repayment Term: 8 months
(more info)
Activity: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: Buy ingredients for her snack vending   Currency Exchange Loss: Possible
      Default Protection: Covered
Raquel Pasion produces snacks which she sells within their village. According to her, she needs additional capital amounting to PHP 5,000 for the growth of her business. She hopes that she can avail herself of this loan so that she can immediately buy the ingredients needed in cooking of her snacks. She said that having sufficient capital to run her business can help her to make it more productive.



Raquel is married to Celso who works as a driver. Her husband is in full support of running their business. She hopes that they can make it more productive. They have been blessed with two children: Russel Dave, nine years old, an elementary pupil and Celestine Tyra, seven years old.


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About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:46.8200 PHP = 1 USD
3 Lenders to this Entrepreneur

Amir
Allentown, PA
United States

Ronan
Dallas, TX
United States

Tala
Kobe, Hyogo
Japan



Top Lending Teams for this Entrepreneur


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Journal entries for Raquel Pasion


Subject: Loan to Raquel Pasion in Philippines has been 100% funded
Location: Quezon San Isidro, Philippines

Thanks to you and 2 other Kiva Lenders, the 125.00 loan requested by Raquel Pasion in Philippines has been 100% funded. The loan will be used for the purpose of: Buy ingredients for her snack vending.

Over the months of this loan, Kiva’s Field Partner in Philippines, Alalay sa Kaunlaran, Inc. (ASKI), will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Quezon San Isidro, Philippines
Nov 13, 2009
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Kiva Help Repayment Schedule for Raquel Pasion

  Expected Repayments Actual Repayments Comments
January 2010 $31.35 $31.35 Repayment Received
February 2010 $26.13 $26.13 Repayment Received
March 2010 $20.90 $20.90 Repayment Received
April 2010 $20.90 Available Apr 1  
May 2010 $20.90 Available May 1  
June 2010 $4.82 Available Jun 1