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Rubelyn
Rubelyn L. is from the town of Talibon. She is 30 years old, married and has 2 children. She is a fish vendor. She buys directly from fishermen and sells the fish at the market. Her husband is also a fisherman. Rubelyn is also happy that she now has a small sari-sari store where she sells various products in her community. She hopes for her ventures to prosper.

Rubelyn joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rubelyn has successfully repaid a previous loan from CEVI. She is requesting a new loan of 25,000 PHP which will be used to buy more fish and additional store inventory. She plans to use the additional revenue generated from the businesses to make improvements to her house.

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
  • 479
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rubelyn to buy more fish and additional inventory for her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2010
Listed
Sep 19, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011