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Norberta
Norberta is a 56-year-old married woman from Panglao, Bohol. She has eight children. She operates a motorcycle transport business in the community. She has been operating this business for eight years, and it earns her PHP 5000 a month.

Her husband is a farmer. He grows rice as another source of income. Norberta requested a loan of PHP 21000 to buy fuel and to maintain her motorcyle, including changing oil and tires so she can continue to serve her customers without delays. In the future, Norberta would like invest in other ventures to support her family, as well as for sustainable quality of living.

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
  • 1255
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Norberta to buy fuel and to maintain her motorcyle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013