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Susana
Susana is 59 years old, married and the mother of three grown children. She lives in Fatima, Cortes, Bohol and earns a living by selling various types of food, including pancakes, maruya (a deep fried, flour-coated banana that is sprinkled with sugar), rice cakes and popsicles at a local school. She is requesting a loan for PHP 16,000 to buy additional ingredients such as baking powder, sugar, margarine, flour and bananas. This loan will allow her to continue operating her business and better support her family by earning additional income.

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
  • 1164
    View loans »
    Philippines Loans Fundraising
  • $54,849,700
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Susana to buy ingredients such as baking powder, sugar, margarine flour and bananas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012