Ma. Chona is a dry goods retailer in Trinidad, Bohol. She has been in this business for 20 years. She sells men and women's shirts, jeans, undergarments and bed sheets. She earns about 40000 php per month with her business. Ma. Chona works hard to improve her business and sustain her family. She also makes her children's education a top priority.
Ma. Chona has requested this loan to buy 10 dozen blouses and 10 dozen shirts. She also plans to pay her children's tuition fees. In the future, she hopes her business will last for many years and hopes that her children will finish college and be successful.
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