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Josephine
Josephine is 25 years old, married and has a 12-year-old daughter. Her husband makes a living as a farmer while she earns an income by running a manicure/pedicure business. She has been in this line of work for the last five years and earns about 5,000 PHP a month. In her free time, she also helps her husband run their farm, where they grow rice. She is applying for a loan to buy manicure materials such as nail polish and tools as well as fertilizer for her farm. She hopes to expand her businesses and have a more stable income in the future.

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
  • 1646
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Josephine to buy supplies for a farm and a manicure/pedicure business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011