This loan has been FULLY FUNDED by 7 lenders!
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Hermie Acosta
Status: Paid Back
| $175 |
Loan Request
Pre-Disbursed
: Mar 3, 2009
Listed: Apr 2, 2009
Funded: Apr 2, 2009
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| $175 |
Paid Back
Ended: Sep 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: | 15 months | ||||||
| Kiva Entrepreneurs: | 5544 | ||||||
| Total Loans: | $0 | ||||||
| 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 Loan
| Location: | Cauayan City, Isabela, Philippines | Repayment Term: | 7 months (more info) |
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| Activity: | General Store | Repayment Schedule: | Monthly | |
| Loan Use: | To buy more stock and tricycle maintenance | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
“There is a positive side to every situation if we simply make the choice to find it," says Hermie, who is twenty-five years old, single and a man with simple dreams. He is still living with his parents and his two siblings are also working.
Hermie is getting married soon. This is the reason why he is working hard to make sure that he can provide a stable life for his future family. He owns a community-based variety store in their village and at the same time works as a tricycle operator.
His loan request of $175 will be used to buy more stock for his store and for the maintenance of his tricycle, so they will have a stable source of income.
Hermie is getting married soon. This is the reason why he is working hard to make sure that he can provide a stable life for his future family. He owns a community-based variety store in their village and at the same time works as a tricycle operator.
His loan request of $175 will be used to buy more stock for his store and for the maintenance of his tricycle, so they will have a stable source of income.
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About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1175 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 48.2628 PHP = 1 USD |
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Journal entries for Hermie Acosta
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Subject: Loan has been disbursed
Location: Cauayan City, Isabela, Philippines
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Posted by
from Cauayan City, Isabela, Philippines
Apr 3, 2009 |
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Comment on this entry
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Subject: Store and motorcycle business makes a big difference
Location: Cauayan City, Isabela, Philippines
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Posted by
Kristine Victoria from Cauayan City, Isabela, Philippines
May 19, 2009 |
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Comment on this entry
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Repayment Schedule for Hermie Acosta
Repayment Schedule for Hermie Acosta
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $65.79 | $65.73 |  Repayment Received
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| July 2009 | $29.24 | $29.24 | Repayment Received
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| August 2009 | $29.24 | $29.24 | Repayment Received
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| September 2009 | $36.55 | $36.61 | Repayment Received
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| October 2009 | $14.18 | $14.18 | Repayment Received
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