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Faustina, a 57-year-old woman with five children, is married to a fisherman. Faustina helps her husband sell his catch and also buys fish to sell. She also grows seaweeds to sell, working hard to support her family, especially her children's college education.

Faustina plans to use this loan to purchase fishing nets, hooks and other materials. She hopes to increase her income and be able to make improvements to their house.

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
  • 1598
    View loans »
    Philippines Loans Fundraising
  • $60,711,600
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Faustina to purchase fishing nets, hooks and other materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 6, 2012
Jun 24, 2012
Currency Exchange Loss:
Dec 18, 2012