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Mercedita
Mercedita is a farmer from Ubay, Bohol. She is a married woman and the mother of an eight-year-old son. Mercedita works hard in order to provide support to her husband in meeting the needs of the family. She is asking for a loan to buy seedlings, fertilizer and pesticides.

She also wants to increase her stock of ready to wear goods like shirts, slippers and others so that she can cater to more buyers and fill orders from her customers. Mercedita believes that this loan could help her in making her business grow and be productive.

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
  • 357
    View loans »
    Philippines Loans Fundraising
  • $52,107,000
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mercedita to buy seedlings, fertilizer and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013