Mylene Dela Cruz

Status: Paid Back

$100
Loan Request
Pre-Disbursed : Mar 6, 2009
Listed: Apr 2, 2009
Funded: Apr 2, 2009
$100
Paid Back
Ended: Sep 15, 2009

About the Country

Country:Philippines
Avg Annual Income:$1175
Currency:Philippines Pesos (PHP)
Exchange Rate:48.2628 PHP = 1 USD


About the Loan

Location: Ilagan, Isabela, Philippines   Repayment Term: 7 months
(more info)
Activity: Pigs   Repayment Schedule: Monthly
Loan Use: To purchase a feed supply and a piglet   Currency Exchange Loss: Covered
      Default Protection: Covered
Mylene chose hog raising as her business. She is thirty-four years old and married to Marlon, who works as a farmer in their simple village at Barangay San Lorenzo, Isabela. They have two children: Aicytel, twelve years old and a high school student, and Archie Jay, five years old. Mylene is thankful to God because they are able to maintain their good bonding and a harmonious relationship.

Her need of financial support leads her to request a loan of $100 that will serve as additional capital for her business. She plans to use the loan to purchase a feed supply and a piglet that she will sell after three to four months. She dreams that through their sacrifices, their children can finish their studies in the future.




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Journal entries for Mylene Dela Cruz


Loan has been disbursed
 
Entrepreneur: Mylene Dela Cruz
Location: Ilagan, Isabela, Philippines

Thank you for your loan. It has been disbursed to Mylene Dela Cruz 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 Ilagan, Isabela, Philippines
Apr 3, 2009
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Hog raising maintained
 
Entrepreneur: Mylene Dela Cruz
Location: Ilagan, Isabela, Philippines

Mylene uses the loan she availed in purchasing feeds for the maintenance of her hog raising business. She was glad that her raised hog produced piglets that she can sell after a few months for additional income. She hopes to continuously maintain her business through the help of KIVA lenders.


Posted by Kristine Victoria from Ilagan, Isabela, Philippines
Jun 1, 2009
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Kiva Help Repayment Schedule for Mylene Dela Cruz

  Expected Repayments Actual Repayments Comments
June 2009 $33.44 $33.38 Repayment Received
July 2009 $16.72 $16.68 Repayment Received
August 2009 $20.90 $20.85 Repayment Received
September 2009 $16.72 $16.68 Repayment Received
October 2009 $12.22 $12.41 Repayment Received