Jovencio Agcaoili

Status: Paid Back

$125
Loan Request
Pre-Disbursed : Nov 12, 2009
Listed: Nov 22, 2009
Funded: Nov 23, 2009
$125
Paid Back
Ended: Jan 15, 2010

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:46.8816 PHP = 1 USD


About the Loan

Location: Punit Benito Soliven, Isabela, Philippines   Repayment Term: 7 months
(more info)
Activity: Food   Repayment Schedule: Monthly
Loan Use: Additional capital to buy more items to sell   Currency Exchange Loss: Possible
      Default Protection: Covered
Jovencio is engaged in a retail business, selling different flavors of ice cream on sticks in his village using his motorcycle. He hopes that he could further expand his business by having more items to sell. He dreams of selling his products in different villages, if only he could gain additional capital for his business. He hopes that his first loan of 5,000 Philippine pesos will be granted for the growth of his ice-cream business.

Jovencio is a 50-year-old businessman. He and his wife live together in the village of Punit, Benito Soliven, Isabela. They are blessed with three children. As a father, he is glad that his children have their own work now. His eldest graduated with a degree in education and she is presently working in Hong Kong. Two of his children are in Manila and busy with their own work. Although they are apart from each other, Jovencio hopes that their good relationship with each other will remain.







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Journal entries for Jovencio Agcaoili


Loan to Jovencio Agcaoili in Philippines has been 100% funded
 
Entrepreneur: Jovencio Agcaoili
Location: Punit Benito Soliven, Isabela, Philippines

Thanks to you and 4 other Kiva Lenders, the 125.00 loan requested by Jovencio Agcaoili in Philippines has been 100% funded. The loan will be used for the purpose of: Additional capital to buy more items to sell.

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 Punit Benito Soliven, Isabela, Philippines
Nov 23, 2009
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Kiva Help Repayment Schedule for Jovencio Agcaoili

  Expected Repayments Actual Repayments Comments
January 2010 $15.68 $15.68 Repayment Received
February 2010 $20.90 $109.32 Repayment Received
March 2010 $26.12 Available Mar 1 Repayment Received
April 2010 $20.90 Available Apr 1 Repayment Received
May 2010 $20.90 Available May 1 Repayment Received
June 2010 $20.50 Available Jun 1 Repayment Received