Roberta works hard to support her husband in meeting the family's needs. She is presently in need of funds for her farm and is requesting a loan of 5,000 PHP to buy fertilizers and additional seedlings to plant. With this loan she will be able to produce good quality products from the farm, thus augmenting their sales and profit at the same time.
Roberta dreams of expanding her business and making it a success. Moreover, she wants to experience the fullness of life together with her family. The revenue generated from the business will be used to finance the family's daily consumption, to reinvest in the business and to put money aside for savings.
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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