Hazel is asking for a loan worth 5,000 PHP to buy additional fishing materials such as fishing nets, a flashlight, a basin and others. This equipment is essential to enhance the amount her husband catches when he goes fishing. Hazel works hard to support her family and three young children aged eight, four and a baby of a few months.
In the future, Hazel hopes to expand her business so that they will be able to earn more thus having a greater chance of sending her children to school and experiencing the fullness of life.
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.
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Success!! The loan was 100% repaid