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Merlyn
Merlyn is 34 years old and is a married woman. She has been running a small rice farm since 1996. Her husband is also a farmer.

Merlyn helps her husband till their land. Rice is the primary crop that they grow. According to Merlyn, she earns about 5800 PHP per month.

Merlyn's loan will be used to purchase gasoline for the tractor, fertilizers and other farm inputs. She hopes to be a successful businesswoman someday.

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
  • 1310
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Merlyn to purchase gasoline for the tractor, fertilizers and other farm inputs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011