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Marilou
Marilou is 42 years old from Trinidad, Bohol. She is married with 5 children. Her eldest is 18 and her youngest is 5 years old. Marilou and her husband are engaged in a bakery and a welding shop, and also in refrigeration and television repair services. This business started 10 years ago. This is her family's main livelihood to support the needs of her children. She is asking for a loan to buy electronic tools like wrenches, screwdrivers, hammers, pliers, and also bakery ingredients like flour, sugar and margarine. These will make them more productive in their business. The income that they will generate from these businesses will be used to buy healthy meals for her family and pay for school fees.

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

  • $1175
    Average annual income
  • 224
    View loans »
    Philippines Loans Fundraising
  • $52,051,625
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marilou to buy electronic tools like wrenches, screwdrivers, hammers, pliers, and bakery ingredients like flour, sugar and margarine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013