Michelle Geronimo


Status: Paying Back

$175.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Michelle Geronimo
Location: Veruela, Agusan Del Sur, Philippines
Activity: Farming

About the Loan

Loan Amount: $175.00
Loan Use: financing her little farm
Repayment Term: 5 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Sep 24, 2009
Date Disbursed: Sep 2, 2009
Date Funded:Sep 24, 2009

About the Country

Country:Philippines
Avg Annual Income:$1,175.00
Currency:Philippines Pesos (PHP)
Exchange Rate:47.3400 PHP = 1 USD



Michelle Geronimo is a rice farmer in Vereula Agusan del Sur. She is blessed with one child who is now five years old. Her husband is always supportive and hard-working and that helps her manage. Their small rice field which is 1 hectare in size, she hopes, can give her family enough income to buy food, clothing and other basic needs.



She would like to apply for loan of Php 8,000 from Community Economic Ventures Inc. She will use the loan to fund her farm by buying the farming necessities to obtain an abundant harvest.



She joined the CEVI micro credit program in April 2009. This is her second loan with CEVI because the interest rate is very low. She hopes to access more CEVI loans in the future.


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Lenders to this entrepreneur

Helle
Singapore, Singapore
Singapore

fabrizio
saronno, Varese
Italy

Bryn
Burlington, Ontario
Canada

Lydia
North Augusta, SC
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Jody & Leah
SEARCY, AR
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Kayran
Nottingham, nottinghamshire
United Kingdom

Boyd
fort lauderdale, FL
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Journal entries for Michelle Geronimo


Loan has been disbursed
 
Entrepreneur: Michelle Geronimo
Location: Veruela, Agusan Del Sur, Philippines

Thank you for your loan. It has been disbursed to Michelle Geronimo by Community Economic Ventures, Inc. (CEVI), a partner of VisionFund International in Philippines. We are excited to watch this business grow. Over the 3 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
Sep 25, 2009
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Kiva Help Repayment Schedule for Michelle Geronimo

  Expected Repayments Actual Repayments Comments
February 2010 $175.00 Available Feb 1