Mercy Calmerin

Status: Paid Back

$300.00		Loan Request
$300.00		Paid Back

About the Entrepreneur

Name:	Mercy Calmerin
Location:	Sta. Josefa, Agusan Del Sur, Philippines
Activity:	Farming

About the Loan

Loan Amount:	$300.00
Loan Use:	To purchase 8 sacks of fertilizers, herbicides and 40 liters of gasoline.
Repayment Term:	7 months - View details below
Lenders Repaid:	At end of term
Currency Exchange Loss:	Covered
Date Listed:	May 17, 2009
Date Disbursed:	May 5, 2009
Date Funded:	May 18, 2009
Loan Ended:	Nov 15, 2009

About the Field Partner

Field Partner:

Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International

Field Partner Risk Rating:

(Learn more)

Active

12 months

1634

$380,925

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Philippines
Avg Annual Income:	$1,175.00
Currency:	Philippines Pesos (PHP)
Exchange Rate:	47.7555 PHP = 1 USD

Mercy Calmerin, 33-year old mother of three children, shared her life story to CEVI. She says she has been a tenant farmer for a long time already. Some of their harvest goes to the owner of the farm that they are working. They want to buy their own farm. She needs to expand her harvest to realize that dream.

She is asking for a loan of PHP 14,000 from CEVI. She will use the loan to purchase 8 sacks of fertilizers, herbicides and 40 liters of gasoline. She hopes that by availing a loan to finance her farm, she will be able to improve their harvest.

CEVI aims to help small business grow. They provide credit assistance, training and insurance to all their clients.

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Journal entries for Mercy Calmerin

Loan has been disbursed Entrepreneur: Mercy Calmerin Location: Sta. Josefa, Agusan Del Sur, Philippines Thank you for your loan. It has been disbursed to Mercy Calmerin by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Sta. Josefa, Agusan Del Sur, Philippines May 18, 2009
Comment on this entry

Mercy Calmerin, Loan Update Entrepreneur: Mercy Calmerin Location: Sta. Josefa, Agusan Del Sur, Philippines When She received her KIVA loan from CEVI, She immediately bought 2 sacks of fertilizers and pesticides. The loan really help her improve her farm. She notice that her plants are growing healthier. Thanks for the fertilizers. " I would like to sya thank you to all my lenders for trusting me and mu=y business I promise to make it more productive' she said.
Posted by Jonathan Neri from Sta. Josefa, Agusan Del Sur, Philippines Oct 14, 2009
Comment on this entry

Repayment Schedule for Mercy Calmerin

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	Expected Repayments		Actual Repayments		Comments
December 2009	$300.00		$300.00		Repayment Received