Melanie Ferrer
Status: Paying Back
| $325.00 | Loan Amount |
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25% repaid
About the Entrepreneur
| Name: | Melanie Ferrer |
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| Location: | Sillawit,cauayan City, Philippines |
| Activity: | General Store |
About the Loan
| Loan Amount: | $325.00 |
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| Loan Use: | Additional capital in her retail store |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 6, 2009 |
| Date Disbursed: | Sep 18, 2009 |
| Date Funded: | Oct 7, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Alalay sa Kaunlaran, Inc. (ASKI) |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 12 months |
| Kiva Entrepreneurs: | 2870 |
| Total Loans: | $559,900 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Philippines |
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| Avg Annual Income: | $1,175.00 |
| Currency: | Philippines Pesos (PHP) |
| Exchange Rate: | 46.5296 PHP = 1 USD |
Melanie- 33 years old and married to Ariel, a welder. They were blessed with two children: Mariel- 11 years old, grade 6 and Lady Maica- 6 years old, grade 1. They are presently residing in the village of Sillawit, Cauayan City, a semi- urban and plain area which is five to seven kilometers from the city proper of Cauayan.
Melanie manages a village store. She sells grocery items like fruits, vegetables and other basic commodities. Her weekly net income is PHP 1,000.00. She now wanted to avail a loan of PHP15,000.00 that she can use to purchase more stocks. She said that "determination and self- esteem are the most important in dealing a productive business".
Melanie manages a village store. She sells grocery items like fruits, vegetables and other basic commodities. Her weekly net income is PHP 1,000.00. She now wanted to avail a loan of PHP15,000.00 that she can use to purchase more stocks. She said that "determination and self- esteem are the most important in dealing a productive business".
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Journal entries for Melanie Ferrer
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Loan has been disbursed
Location: Sillawit,cauayan City, Philippines
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Posted by
from Sillawit,cauayan City, Philippines
Oct 8, 2009 |
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Repayment Schedule for Melanie Ferrer
Repayment Schedule for Melanie Ferrer
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $81.25 | $81.25 |  Repayment Received
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| January 2010 | $67.71 | Available Jan 1 | |||
| February 2010 | $54.17 | Available Feb 1 | |||
| March 2010 | $54.16 | Available Mar 1 | |||
| April 2010 | $54.17 | Available Apr 1 | |||
| May 2010 | $13.54 | Available May 1 | |||
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