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Nena
Nena is a 59-year-old farmer from Trinidad, Bohol. She is married and has 10 children. Nena and her husband till their land together and grow rice crops to sell. While her husband mainly manages the rice farm, Nena also runs their sari-sari (variety) store business, which they started a year ago. She sells items like vinegar, cooking oil, instant noodles and canned goods. Nena earns 4,000 PHP monthly from her store.

Nena has requested this loan to purchase fertilizer for the farm and more items such as canned goods and noodles to sell in the store. Nena hopes this loan will help improve their businesses.

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
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Nena to purchase fertilizer for the rice farm and more items to sell in her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012