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Carmelita

Philippines

100%
Carmelita has fully repaid her loan of £392.86

Amount requested:

£392.86

Repayment term:

6 months

Activity type:

Retail – grocery and general household items

Partner:

SEEDFinance

Loan description:

Carmelita Reguyal is 40 years old and has two children aged 4 and 11. Her 39 year old husband, Darwin, is a local public servant. The family lives in Nueva Ecija province. For the past 11 years, Carmelita has operated a store selling different kinds of consumable merchandise such as hygienic products, biscuits, bread, snacks, powdered drink, sodas and canned. For more than one year, she has been a member of the microfinance organisation Alalay sa Kaunlaran and has already completed several loan cycles. She is now requesting a new loan of $525 (20,000 Philippine pesos) to purchase a greater variety of stock for her shop. Carmelita has promised to repay this over a six month period. She hopes to enlarge her shop someday.

Loan added: 21 March 2013

Carmelita's loan repayment schedule

Date Expected repayments Actual repayments
£35.71
£53.49
£59.52
£57.93
£59.52
£56.82
£59.52
£57.31
£59.52
£56.44
£59.52
£54.57
£59.52
£54.13

The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.

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