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Ricarda is 41 years old from Antequera, Bohol. She is married with six children ages 1-20. Her husband works as a driver. Ricarda is into making baskets for an income. This business started 18 years ago. Her income helps pay for the basic household needs like electricity and school fees.

She would like to sustain her business and she is asking for a loan of 4,000 PHP to buy raw materials like buri (native palm), rattan and nylon. She is optimistic of what hard work and dedication can do. She hopes to continue doing this business and to venture into other possible income-generating activity in the future. She also dreams of seeing her children become professionals someday.

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
  • 1268
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Ricarda to buy raw materials like buri, rattan and nylon.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 18, 2012
Oct 8, 2012
Currency Exchange Loss:
Apr 17, 2013