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Melarda
Melarda is a 38-year-old married woman with four children who are 3, 8, 11 and 12 years old. Her husband is a fisherman.

Melarda owns and manages a sari-sari store business in Trinidad, Bohol. She sells various items like canned goods, instant noodles, and toiletries. Melarda earns 3,500 PHP per month with her business. She has applied for a loan to buy more items to sell such as canned goods, spices and toiletries. Melarda hopes for her business to grow and for her family's standard of living to improve.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Melarda to buy more items to sell such as canned goods, spices and toiletries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012