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Chera Mae
Chera Mae is the single mother of two kids. She is only 20 years old. She got involved in a hog-raising business because of her two children. She says that she has to work hard to be able to provide food for them. She also wants to save for their future.

Currently, Chera Mae has one sow, one hog and five piglets. She says that it is not easy to sustain her pigs, so she joined CEVI to gain financial support. She applied for a loan of 15,000 Philippine pesos, which she will use to buy feed.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $50,773,375
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Chera Mae to buy feed for pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 19, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010