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With a Php 3,000.00 starting capital, 34-year-old Rowena O. was able to start her lamination business. Although her first love is music, she did not pursue it because she was not contented with her income. In her present business, she is able to help her husband with their spending including the school fees of their two kids.

In order to improve her business, Rowena joined the Community Economic Ventures Inc. (CEVI) and started to avail herself of its wide variety of services. In fact, she is currently applying for a Php 10,000.00 loan from CEVI that will be used in purchasing equipment for lamination.

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
  • 1118
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Rowena for lamination equipment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 10, 2009
Jul 11, 2009
Currency Exchange Loss:
Nov 15, 2009