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Floramae
Floramae is a 26-year-old married woman and a mother of two young children aged five and three. She has a business selling woven baskets and other handicrafts, as well as canned goods and eggs, to the people in her community.

Floramae needs additional capital for the expansion of her business. She is requesting a loan from CEVI to buy more baskets and eggs to sell. In the future, she hopes to make her business a success and to save money for the schooling 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
  • 1416
    View loans »
    Philippines Loans Fundraising
  • $59,134,475
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Floramae to buy more baskets and eggs to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013