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Mercedes
Mercedes B. is from the town of Sto. Niño. She is 50 years old. Mercedes is married and has 5 children. Four of her children are still going to school. To make a living, Mercedes plants and harvests rice for sale. She also raises pigs for fattening and sale. Mercedes works hard to sustain her family, especially her children's education.

Mercedes joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from CEVI, and is requesting a new loan of 15000 PHP to purchase additional rice seeds, fertilizers and feeds.

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
  • 1434
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Mercedes to purchase seeds, fertilizers and feeds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 18, 2011
Listed
Feb 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011