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Rowena
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

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    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
Monthly
Pre-Disbursed:
Jun 10, 2009
Listed
Jul 11, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009