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Merlinda
Merlinda provides transportation services within her town using her motorized tricycle. She is married and has three children ages three, six and eight. She and her family live in San Jose, Talibon, Bohol.

Merlinda is in need of a loan so that she can buy spare parts and pay the vulcanizing fee for her vehicle. The tricycle is her main source of livelihood, so once it is fixed, she can earn the daily income needed to meet her family's needs. Any additional income will pay for her children's schooling and the pursuit of possible new business opportunities.

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
  • 1037
    View loans »
    Philippines Loans Fundraising
  • $57,733,025
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Merlinda to buy spare parts and pay for vulcanizing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013