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Ma. Nenita
Ma. Nenita B. is from the town of Talibon. She is 42 years old. Ma. Nenita is married and has seven school-aged children. To make a living, Ma. Nenita owns and operates a fishing business. The main source of income for the business comes primarily from gathering and selling "bat" (sea cucumber) to the market. She also sells fish sometimes.

Ma. Nenita joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Ma. Nenita has successfully repaid a previous loan from CEVI. Ma. Nenita is requesting a new loan of 25000 PHP, which will be used to invest in expanding her business. She plans to use the additional revenue generated from the business to make improvements to their house.

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ma. Nenita to invest in expanding the business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2010
Listed
Aug 19, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010