Mary Jane Padrones

Status: Paid Back

$275.00		Loan Request
$275.00		Paid Back

About the Entrepreneur

Name:	Mary Jane Padrones
Location:	Sto. Nino, South Cotabato, Philippines
Activity:	Pigs

About the Loan

Loan Amount:	$275.00
Loan Use:	To purchase pig feed
Repayment Term:	7 months - View details below
Lenders Repaid:	At end of term
Currency Exchange Loss:	Covered
Date Listed:	Jun 4, 2009
Date Disbursed:	May 21, 2009
Date Funded:	Jun 5, 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

1619

$377,275

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:	47.2477 PHP = 1 USD

Mary Jane Padrones has been raising pigs for several years. She is 34 years old and the mother of six children. Her husband, Hernane Padrones Jr., is a farmer. They started their piggery business with only two piglets. Aside form pigs, the couple also grows rice. At present, they have one sow and nine piglets.

Mary Jane would like to ask for a loan of Php 12,000 from CEVI. She will use the loan to buy pig feed. The feed is quite expensive. She needs additional resource to raise more pigs.

CEVI helps small business grow. CEVI provides not just loans, but training and insurance coverage, as well.

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Top Lending Teams for this entrepreneur

Team USA
Local Area
868 Members

Journal entries for Mary Jane Padrones

Loan has been disbursed Entrepreneur: Mary Jane Padrones Location: Sto. Nino, South Cotabato, Philippines Thank you for your loan. It has been disbursed to Mary Jane Padrones by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 4 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 Sto. Nino, South Cotabato, Philippines Jun 6, 2009
Comment on this entry

Mary Jane Padrones, Loan Update Entrepreneur: Mary Jane Padrones Location: Sto. Nino, South Cotabato, Philippines CEVI Enterprise deveopment Officer John MArk Cantilan visited Mary Jane Padrones, a KIVA client and asked her how did the loan help her family. Our borrower said, she utilized the money in buying the feeds ( 4 sacks grower, 3 sacks hog finisher, Rice gran and corn gran, Vitamins), and a little groceries for her family. "The loan is truly a big help since CEVI is just giving the lowest interest rates among MFI in their location. Now, I can save and help for the education of my children. I have additional capital to sustain my business"
Posted by Jonathan Neri from Sto. Nino, South Cotabato, Philippines Aug 13, 2009
Comment on this entry

Repayment Schedule for Mary Jane Padrones

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	Expected Repayments		Actual Repayments		Comments
December 2009	$275.00		$275.00		Repayment Received