Check out some available loans that are similar to this one!
Aurelia
Aurelia J. is from the town of Baclayon. She is 29 years old, married and has 4 school-aged children. Aurelia owns a fishing business, operating a boat to catch and sell assorted fish at the market. Aurelia has been engaged in her business for over 3 years. She dreams of having all her children finish college.

Aurelia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Aurelia has successfully repaid a previous loan from CEVI. She is requesting a new loan of 10,000 PHP which will be used to repair the fishing boat and purchase additional fishing equipment. This will be the fourth loan taken out by Aurelia from CEVI. She plans to use the additional revenue generated from the business to pay her children's tuition fees.

About CEVI:

Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over recent years. Based in Bohol, it has numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but additionally savings, insurance, and training which are provided through regular cluster group meetings.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1443
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Aurelia to repair the fishing boat and purchase additional fishing equipment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2010
Listed
Jul 28, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010