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Florencia is a married woman, with eight children. Her husband works as a farmer.

Florencia has been in the business of seaweed farming for 15 years. She earns about PHP 5,000 per month from her business. Florencia also owns and manages a small sari-sari store business. She sells items like instant noodles, coffee, sugar, and canned goods. Florencia is able to support her family on her income.

Florencia is asking for a loan to purchase seaweed seedlings and more items to sell. Florencia is hoping to have a successful business 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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,320,525
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Florencia to purchase seaweed seedlings and more items to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 3, 2012
Feb 29, 2012
Currency Exchange Loss:
Aug 15, 2012