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Gonzala is a 54-year-old married woman and has been engaged in the seaweed farming business for more than six years now. Her husband works as a fisherman.

Gonzala is asking for a loan to buy seaweed seedlings, straw, rope and fuel for the fishing boat and to pay for the school fees of her children.

In the future, Gonzala wants to expand her business and make it a success. Moreover, she wants to save money for the school expenses of her children.

Additional 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
  • 1873
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Gonzala to buy seaweed seedlings, straw, rope and fuel for the fishing boat and to pay for school fees.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Nov 14, 2012
Currency Exchange Loss:
Jun 17, 2013