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Marlita
Marlita is a 46-years-old married woman from Ubay, Bohol. She has six children ages 10-26. Marlita is involved in a fresh fish and crabs retail business for 10 years now. Her family is also involved in the fishing business. She usually earns 4,000 PHP per month from these businesses. She is asking for a loan of 10,000 PHP to buy more fresh fish, crabs and fishing nets. The additional capital will help boost Marlita's business and income.

In the future, she hopes to have another business to generate more profits.

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
  • 288
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marlita to buy more fresh fish, crabs and fishing nets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013