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Melinda
Melinda is a 29-year-old married woman from Talibon, Bohol. She is the mother of a 2-year-old son. She runs an eatery. She sells homemade meals like stew, vegetables, fried chicken, pork and various soups on the menu. She has been running an eatery for almost one year now.

She requested a loan of 5,000 PHP to buy more ingredients like vegetables, chicken and pork, and also utensils used in cooking.

In the future, Melinda hopes that she can expand her eatery business to provide her family with nutritious food and save for the education of her child.

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

  • $7,000
    Average annual income
  • 1242
    View loans »
    Philippines Loans Fundraising
  • $57,815,050
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Melinda to buy more ingredients like vegetables, chicken and pork, and also utensils used in cooking.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013