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Nelida
Nelida J. is from the town of Sto. Niño. She is 45 years old. Nelida is married and has 2 children, aged 16 and 12. To make a living, Nelida owns & operates a business raising crops, planting and harvesting rice for sale. Nelida also runs a sari-sari store where she sells products like sugar, vinegar and also rice.

Nelida is thankful she joined CEVI because her loans helped sustain her business. She even joked that she wishes CEVI would help them forever but deep inside she hopes to have a stable income and to be able to use her own money someday for capital. Nelida is requesting a new loan of 15000 PHP which will be used to purchase fertilizers and additional merchandise to sell. 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
  • 1481
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nelida to purchase fertilizers and additional merchandise to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 18, 2010
Listed
Oct 27, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011