To make a living, Thelma runs a business raising livestock for fattening and sale. She also owns and manages a sari-sari store, and spends time at the farm with her husband to keeping an eye on their rice crops.
Thelma joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Thelma has successfully repaid a previous loan from CEVI. Thelma is requesting a new loan of 10000 PHP, which will be used to purchase fertilizers, piglets and additional merchandise to sell. She plans to use the additional revenue generated from the business to improve her family's living conditions.
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.
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Success!! The loan was 100% repaid