Victor Mandac
| $250 |
Loan Request
Pre-Disbursed
: Nov 20, 2008
Listed: Jan 1, 2009
Funded: Jan 1, 2009
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| $250 |
Paid Back
Ended: Jun 15, 2009
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About the Field Partner
| Alalay sa Kaunlaran, Inc. (ASKI) administers this loan. Learn more | |||||||
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| Field Partner: | Alalay sa Kaunlaran, Inc. (ASKI) | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 14 months | ||||||
| Kiva Entrepreneurs: | 4732 | ||||||
| Total Loans: | $928,200 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1175 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.9940 PHP = 1 USD |
About the Loan
| Location: | Magassi Cabagan, Isabela, Philippines | Repayment Term: | 8 months (more info) |
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| Activity: | Transportation | Repayment Schedule: | Monthly | |
| Loan Use: | Maintenance of the tricycle | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Victor acts as the father and mother to their two children: Vielo, 8 years old, an elementary student; and Arvie, 20 years old, a college student. His wife, Divina, is working as a domestic helper abroad. They live in a progressive community of Barangay Magassi Cabagan, Isabela.
With the help of his wife, he was able to purchase his own tricycle that he operates in their village. This serves as another source of income to them. His income is just enough to meet the daily expenses of their family and as payment for his tricycle loan.
Victor would like to borrow a loan for the maintenance of his tricycle, like gasoline, oil, rubber wheels, chains and sprocket.
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Journal entries for Victor Mandac
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Loan has been disbursed
Location: Magassi Cabagan, Isabela, Philippines
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Posted by
from Magassi Cabagan, Isabela, Philippines
Jan 2, 2009 |
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Wise distribution of loan
Location: Magassi Cabagan, Isabela, Philippines
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Posted by
Kristine Victoria from Magassi Cabagan, Isabela, Philippines
Mar 1, 2009 |
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Comment on this entry
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Repayment Schedule for Victor Mandac
Repayment Schedule for Victor Mandac
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $114.62 | $114.60 |  Repayment Received
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| April 2009 | $41.68 | $41.68 | Repayment Received
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| May 2009 | $41.68 | $41.68 | Repayment Received
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| June 2009 | $41.68 | $41.64 | Repayment Received
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| July 2009 | $10.34 | $10.40 | Repayment Received
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