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Melarda is a 36-year-old married woman. She lives in the community of Trinidad, Bohol with her family. She has four children and her husband is a fisherman.

Melarda runs a small sari-sari (variety) store business. She also makes rice cakes and other delicacies that she sells to the people in her community.

With the loan coming from Community Economic Ventures Inc. she will be able to buy ingredients for making rice cakes such as flour and sugar and more items to sell such as shampoo and soap.

In the future, Melarda hopes to have a bigger store and more profit for her family.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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
  • 1238
    View loans »
    Philippines Loans Fundraising
  • $57,815,050
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Melarda to buy ingredients for making rice cakes such as flour and sugar and more items to sell such as shampoo and soap.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 26, 2011
Jun 28, 2011
Currency Exchange Loss:
Nov 15, 2011