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Merlinda Torrejos is a pig grower. She is 40 years old, married, and has four children. She was a Brgy. treasurer before. Now, she raises pigs to earn a living for her family. Aside from pigs, she also sells coconut wine. Coconut wine, "Tuba" as it fondly called, is very popular in the Philippines.

Merlinda would like to have a loan of Php 14,000 from CEVI. She has been a client for a long time already and she wishes to grow her business by obtaining another loan.

CEVI helps her sustain her business. Merlinda receives not just loans from CEVI, but also receives training and insurance coverage to grow her business.

Additional Information

About Community Economic Ventures, Inc.

Community Economic Ventures, Inc. (CEVI), based in Bohol, was awarded the Platinum Award for Transparency in Social Performance Reporting by CGAP. Social performance monitoring is imperative in measuring a microfinance institution’s effectiveness. The fact that CEVI is participating in this process speaks volumes about the organization’s commitment to serving its clients effectively. In addition to providing credit for its clients, CEVI provides savings, insurance, and training through regular cluster group meetings.

You can show your support for CEVI by joining the Friends of CEVI Kiva Lending Team. Learn more by visiting the CEVI website.

About Philippines

  • $7,000
    Average annual income
  • 1678
    View loans »
    Philippines Loans Fundraising
  • $58,968,050
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Merlinda to purchase more pigs to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 17, 2009
Apr 23, 2009
Currency Exchange Loss:
Oct 15, 2009