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Merlinda
Merlinda is a 34-year-old married woman from Talibon, Bohol. She has three children, ages 13, 8 and 4, respectively. She engages in fishing. She sells fish and crab to earn a living. She has been into fishing for more than five years.

Merlinda requested a loan of 18,000 PHP (Philippines pesos) to buy materials used in fishing like fishing net and crab net to improve her catch and to increase her income.

Merlinda would like to improve her fishing business to be able to provide her family with good food and a quality education.

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
  • 425
    View loans »
    Philippines Loans Fundraising
  • $52,697,300
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Merlinda to buy materials used in fishing like fishing net and crab net.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 24, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013