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Veronica
Veronica is a married woman and a mother of two children. They live in Bohol, Philippines. She is engaged in the fishing business together with her husband for more than five years now. This is the source of their income. Veronica is asking for a loan to buy new fishing nets, lead weights, hooks, and buckets. With this, her husband will be able to improve his catch, thus giving them more fish to sell in the market. In the future, Veronica dreams of expanding their fishing business so that it will generate more revenue necessary for the needs of the family and so she can also repay her loan on time.

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
  • 261
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Veronica to buy new fishing nets, lead weights, hooks, and buckets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013