Marcelinda Jamero


Status: Paying Back

$125.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Marcelinda Jamero
Location: Veruela, Agusan Del Sur, Philippines
Activity: Farming

About the Loan

Loan Amount: $125.00
Loan Use: To buy seedlings, complete fertilizers, herbicides and insecticides
Repayment Term: 7 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Aug 3, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Aug 4, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:48.0799 PHP = 1 USD



Marcelinda Jamero is a 45-year old rice grower in Veruela, Agusan Del Sur. She has four children and a supportive husband who manages their farm. Her hopes and plans for the future is to have another area for rice. She also mentioned the education of her children and providing them a bright future.

Marcelinda wants a loan to buy seedlings, complete fertilizers, herbicides, and insecticides. Because she was very worried about where is she going to look for money to finance her business, when she learned about the CEVI credit program, she never hesitated to apply for a small amount. which is really what she needs for her business operations.

Now she attends the CEVI cluster meetings which are managed by CEVI borrowers. They elect officers in their organizations. In their gathering, they learn about community business and savings, in addition to loans, training and the insurance coverage that they received.

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Lenders to this entrepreneur

Annette
Mannheim,
Germany

Trond
Bergen, Hordaland
Norway

Milena Arciszewski
Fairfax, VA
United States

Shyuuhei
Niigata
Japan

Vardhman Jain
Chennai, Tamil Nadu
India



Top Lending Teams for this entrepreneur

Journal entries for Marcelinda Jamero


Loan has been disbursed
 
Entrepreneur: Marcelinda Jamero
Location: Veruela, Agusan Del Sur, Philippines

Thank you for your loan. It has been disbursed to Marcelinda Jamero 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 Veruela, Agusan Del Sur, Philippines
Aug 5, 2009
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Kiva Help Repayment Schedule for Marcelinda Jamero

  Expected Repayments Actual Repayments Comments
February 2010 $125.00 Available Feb 1