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Marcelina
42-year-old Marcelina J. is a married woman who mothers eight children. Together with her husband, she ventured into a fish-vending and hog-raising business. Out of it were they able to build a small house and send their children to school. According to her, CEVI has played a big role in what they have achieved in life now.

Marcelina requested a loan of Php 15,000 to purchase additional pigs. She is hopeful that this loan will help her in maintaining their family business.

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
  • 1148
    View loans »
    Philippines Loans Fundraising
  • $54,688,850
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Marcelina to buy more piglets and feed and more fish to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2009
Listed
Sep 15, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010