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Melencia
Melencia is a 46-year-old married woman from Alicia, Bohol. She is a mother of five school-age children.

Melencia operates a barbershop in her place. This is the source of her income. Melencia is applying for a loan to buy additional materials for her shop like scissors, powder, hairstyling cream and other materials.

In the future, Melencia hopes to make her business successful and sustainable. She dreams of experiencing a more comfortable life and seeing her children as successful professionals someday.

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
  • 866
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Melencia to buy additional materials for her shop like scissors, powder, hairstyling cream and other materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 11, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013