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Ma. Magna
Ma. Magna is from the town of Trinidad, Bohol. She is 50 years old, married, and has 5 children aged between 6 and 18 years. She runs a fishing business with her husband. In addition to selling her husband's catch, she also buys fish from other fishermen and sells them at a profit. Ma. Magna is hoping to have a higher daily income to enable her to sustain her family, especially to support her children's education. She plans to use her loan to repair their fishing boat.

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
  • 1442
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Ma. Magna to repair her fishing boat.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012