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Ma. Lyn
Ma. Lyn M., 29 years old, has been a food vendor for three years. Ma. Lyn is married and has two children. To make a living, Ma. Lyn owns & operates a business preparing and selling cooked food for daily meals. She is seeking funds to help her buy additional merchandise. She is working very hard to be able to help buy the basic needs of her family.

She needs a loan of PHP 5,000. She will use the loan to buy food ingredients. In that way, she will be able to provide her customers with more food with variety. She said that she likes the services of CEVI. She likes it because she also has micro-insurance coverage.

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
  • 1492
    View loans »
    Philippines Loans Fundraising
  • $59,107,075
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ma. Lyn to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010