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Remedios
Remedios is a married woman from Baclayon, Bohol. She has four children. The youngest child is 14 while the oldest is 22. She is a fish vendor. She sells fish in her community. She has been in the fish vending business for 23 years. She requested a loan of 30,000 PHP to buy more fish to sell, containers (for fish storage) and a new weighing scale. She works hard to earn a living. Her husband helps her to make their business prosper in order to cover the family's daily needs. In the future, Remedios would like to invest in other business ventures to augment her income and to be able to send her children to school.

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
  • 1037
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Remedios to buy more fish to sell, containers (for fish storage) and a new weighing scale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013