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Rowena
Rowena O. is from the town of Talibon. She is 35 years old. Rowena is married and has 4 school-aged children. She laminates photographs and other documents for a living. It has been her family's source of income for eight years. Out of her income from laminating, she was able to put up sari-sari store where she sells a variety of different products. Rowena is really thankful for her store because it helps her family a lot. She hopes for her store to grow.

Rowena joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Rowena has successfully repaid a previous loan from CEVI. Rowena is requesting a new loan of 10,000 PHP, which will be used to purchase materials for lamination and additional store inventory. She plans to use the additional revenue generated from the business to make improvements to their house and her business.

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
  • 376
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rowena to purchase materials for lamination and additional store inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2010
Listed
Sep 20, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011