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40-year-old Simeona is a married woman with five children between the ages of 16 and 7. Simeona's husband is a fisherman. Simeona is engaged in seaweed farming. She says she has regular buyers of dried seaweed, so it is easier for her. Simeona also supports her husband's fishing. She helps sell his catch at the market. Together they work to improve their living conditions and achieve their dreams.

Simeona has requested this loan to buy seaweed seedlings, straw and fish nets. Simeona hopes for her family's income to increase.

Additional Information

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.

About Philippines

  • $7,000
    Average annual income
  • 1100
    View loans »
    Philippines Loans Fundraising
  • $57,635,625
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Simeona to buy seaweed seedlings, straw and fish nets.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 22, 2011
Jan 18, 2012
Currency Exchange Loss:
Jun 15, 2012