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Metodia
Metodia C. is from the town of Tagbilaran. She is 61 years old. To make a living, Metodia owns and operates a tailoring business. The main source of income for the business comes primarily from providing general alteration and tailoring services to local community members. Metodia also runs a small sari-sari (variety) store located at the front of her house.

Metodia joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Metodia has successfully repaid a previous loan from CEVI. Metodia is requesting a new loan of 11,000 PHP, which will be used to purchase additional fabrics and materials. She plans to use the additional revenue generated from the business to improve her business.

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
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Metodia to purchase additional fabrics and materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011