She has had a farming business for six years now, together with her husband, who is at the same time a fisherman. Her monthly earnings are about 5,000 PHP. This is the source of her income. This is how they get their daily needs.
Mirabel is asking for a loan to purchase fertilizer, seedlings and medicine. These three items are needed so their crops can grow healthy and to avoid pests that eat the crops.
Success in the farming business is Mirabel’s dream, so that in the future she will be able to send her children to school and assist their needs.
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.
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Success!! The loan was 100% repaid