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Praxedes
Praxedes is a 59-year-old married woman from Loon, Bohol. She has four children. The oldest child is 37 years old.

She has been in the tuba (coconut wine) vending business for 10 years. She sells tuba (coconut wine) and suka, a vinegar made from fermented coconut. She plans to use the loan to buy additional gallon containers for tuba storage, more tuba to sell, and more bottles for the suka (vinegar).

In the future, she wants to expand her business to have a sustainable livelihood.

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
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,951,825
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Praxedes to buy gallon containers, tuba (coconut wine) and bottles for suka (vinegar).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013