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Mercedita is a 31 year old married woman and a mother of four young children from Talibon, Bohol. She is engaged in a fishing business together with her husband for more than ten years now. This is the source of their income.

Mercedita is asking for a loan to buy fishing materials like nets, lead weights, hooks and buckets for storage. With this, her husband will be able to enhance his catch thus giving them more fish to sell in the market.

In the future, Mercedita hopes to expand their business and saves 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
  • 436
    View loans »
    Philippines Loans Fundraising
  • $69,631,975
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mercedita to buy fishing materials like nets, lead weights, hooks and buckets for storage.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 15, 2012
Dec 4, 2012
Currency Exchange Loss:
Jun 17, 2013