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Melodina
Melodina is a married woman and a mother of four young children. They live in Bohol, a province in the Philippines. Her husband works as a motorcycle driver and woodcutter.

Melodina runs a motorcycle transport business and a saw machine renting business. Saw machine will be used to cut trees especially for lumber purposes. They also sell timber.

Melodina is asking for a loan to buy spare parts for the motorcycle and for the saw machine.

In the future, Melodina hopes to expand her business and save money for the schooling of her children.

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
  • 334
    View loans »
    Philippines Loans Fundraising
  • $50,765,025
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Melodina to buy spare parts for motorcycle and for the chainsaw.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013