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Mercedita
Mercedita is a 45-year-old married woman and a mother of a 15-year-old son from Ubay, Bohol. She earns a living by selling home-cooked foods to the people in her place.

Mercedita is asking for a loan to buy ingredients like sugar, flour, bananas, cooking oil and others. Through this, she will be able to cook more food for her customers.

In the future, Mercedita wants to expand her business.

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
  • 1495
    View loans »
    Philippines Loans Fundraising
  • $59,200,750
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Mercedita to buy ingredients like sugar, flour, bananas, cooking oil and others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013