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Ginalyn
Ginalyn has been in the fishing business for almost 10 years. She and her husband work together in their business. Ginalyn's husband operates their fishing boat and then she sells his catch at the market. She also buys and resells crabs.

Ginalyn does her best to improve their business and take care of their two children, who are ages 7 and 2. She applied for a loan to purchase fishing nets, floaters, lead for fishing weights, and nylon. Ginalyn hopes to buy home appliances with any extra income they earn.

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
  • 1305
    View loans »
    Philippines Loans Fundraising
  • $57,913,450
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ginalyn to purchase fishing nets, floaters, lead for fishing weights, and nylon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012