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Tersa is a 49-year-old married woman from Antequera, Bohol. She is a mother of two children ages nineteen and fifteen years old. She has been in the basket weaving business for thirty years. She sells native handicrafts like baskets made of nito (a plant material). Aside from her basket-weaving business, she raises hogs.

Tersa plans to use the loan to buy materials for weaving such as nito, and to buy additional piglets and feed. In the future, Tersa would like to expand her business to support her family as well as to finance her children's quality education.

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
  • 1229
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Tersa to buy materials like nito (a plant used to make handicrafts), as well as piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 20, 2012
Oct 25, 2012
Currency Exchange Loss:
Mar 15, 2013