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Imelda, from CPG, Bohol, Philippines, is a married woman and the mother of nine children. Imelda has been engaged in seaweed farming with her husband for more than seven years. This is the source of their income. Seaweed is used as a food and as a raw material in making plastic wares, including basins and pails. Imelda is applying for a loan to buy more seaweed seedlings, straw, rope, etc. With this loan, they will be able to improve their seaweed farm and eventually increase their yield.

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
  • 1449
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Imelda to buy more seaweed seedlings and other inputs for their seaweed farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 23, 2013
Currency Exchange Loss:
Aug 17, 2013