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Myrna
Myrna A. is from the town of Sta. Josefa. She is 55 years old. Myrna is married and has three children. Her eldest is 18 years old. To make a living, Myrna makes and sells food. The main source of income for the business comes from selling ice cream to the local community. Myrna has been engaged in her business for over 18 years.

Myrna joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Myrna has successfully repaid a previous loan from CEVI.

Myrna is requesting a new loan of 12,000 Philippine pesos, which will be used to purchase raw ingredients needed to make products for sale. She plans to use the additional revenue generated from the business to supplement the family's income.

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
  • 289
    View loans »
    Philippines Loans Fundraising
  • $52,219,050
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Myrna to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 12, 2010
Listed
Sep 29, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011