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Merlinda is a married woman and a mother of three young children. She is from Talibon, Bohol. Merlinda and her husband operate a tricycle business. This is to transport passengers from one place to another. This is the source of their income.
Merlinda is asking for a loan to buy spare parts like nuts, bolts and fuel for the tricycle. With this, they will be able to improve the good working condition of the tricycle. In the future, Merlinda hopes of making their business a success. Moreover, she wants to save money for the schooling of her children.

Additional 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
  • 1190
    View loans »
    Philippines Loans Fundraising
  • $63,443,275
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Merlinda to buy spare parts like nuts, bolts and fuel for the tricycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 28, 2013
Nov 29, 2013
Currency Exchange Loss:
May 22, 2014