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Teofila
Teofila is a married woman with three children ages 22, 24 and 25. Her husband is a fisherman. Teofila is involved in seaweed farming. She sells dried and fresh seaweed. She also helps her husband sell his catch at their town's market. Teofila works hard to help provide for her family's basic needs.

Teofila is requesting a loan to purchase seaweed seedlings, straw and gasoline. She hopes to have a successful business in the future.

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

  • $1175
    Average annual income
  • 248
    View loans »
    Philippines Loans Fundraising
  • $53,098,375
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Teofila to purchase seaweed seedlings, straw and gasoline.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013