Maricel Padre

Status: Paid Back

$125.00		Loan Request
$125.00		Paid Back

About the Entrepreneur

Name:	Maricel Padre
Location:	Isabela, Philippines
Activity:	Fruits & Vegetables

About the Loan

Loan Amount:	$125.00
Loan Use:	Expand her vegetable sales.
Repayment Term:	8 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Feb 17, 2009
Date Disbursed:	Jan 23, 2009
Date Funded:	Feb 17, 2009
Loan Ended:	Aug 15, 2009

About the Field Partner

Field Partner:

Alalay sa Kaunlaran, Inc. (ASKI)

Field Partner Risk Rating:

(Learn more)

Active

12 months

2884

$562,375

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:	47.4850 PHP = 1 USD

Maricel is a young mother to three children: Jocel, 5 years old; Mark Jay, 3 years old; and Joy, 1 year old. Their family is living in the village of Antagan, 1st Tumauini, Isabela. Maricel is married to Joel, a farmer. Their place is quite developed and there is sufficient supply of water for their rice fields coming from the Pinacanauan River.

Maricel is a vegetable vendor. She used to roam around the village selling her products, but her income is not enough to support the needs of their family. Because of this, she would like to borrow a loan of 5,000 pesos to expand her vending business. She is hoping that lenders will grant her request, for this will be of great help not only for her business but also to her family.

Maricel believes that hard work and endurance are the formulas in reaching for success. She also dreams to send all her children to school someday.

Lenders to this entrepreneur

Illan
Tarzana, CA
United States

Jim and Denise
Gardena, CA
United States

Eugene
Sacramento, CA
United States

St. Andrews Students
Kensington, MD
United States

Judith
St. Peter, MN
United States

Top Lending Teams for this entrepreneur

A-Tisket A-Tasket
Friends
38 Members

Journal entries for Maricel Padre

Loan has been disbursed Entrepreneur: Maricel Padre Location: Isabela, Philippines Thank you for your loan. It has been disbursed to Maricel Padre by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Isabela, Philippines Feb 18, 2009
Comment on this entry

Great opportunity for her business Entrepreneur: Maricel Padre Location: Isabela, Philippines Maricel Padre is thankful that she was given the chance to borrow loan from the lenders. Through the loan she was able to buy different vegetables to sell in their village. She is thankful that her products are in demand because her income out of it really provides her family with their needs. She hopes that lenders will continue provides her loans for her vending business to improve.
Posted by Kristine Victoria from Isabela, Philippines Mar 1, 2009
Comment on this entry

Repayment Schedule for Maricel Padre

Show Advanced

	Expected Repayments	Actual Repayments	Comments
April 2009	$26.10	$31.35	Repayment Received
May 2009	$26.10	$20.92	Repayment Received
June 2009	$20.88	$20.88	Repayment Received
July 2009	$20.88	$20.92	Repayment Received
August 2009	$26.10	$26.15	Repayment Received
September 2009	$4.94	$4.78	Repayment Received