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Zenaida is 40 years old, married and has three children ages 8, 9, and 11. She is from Cortes, Bohol. Zenaida operates a small restaurant, locally known as "carenderia" in the neighborhood. This business started 10 years ago. Her husband serves as her chief cook in the business.

Zenaida is asking for a loan to buy kitchen utensils, soft drinks and spices. With the additional capital, she will be able to expand her menu, make her place more attractive to her customers, and serve them better. The income that she will generate will help her pay the tuition fees of her children.

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
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $58,008,825
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Zenaida to buy kitchen utensils, soft drinks and spices.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jul 16, 2012
Currency Exchange Loss:
Dec 18, 2012