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Susan
Susan is a 35-year-old married woman from Ubay, Bohol. She has three children. Her eldest child is 13 years old, and her youngest is 9 years old. She has operated a fish selling business for seven years now. She also runs a small sari-sari (variety store) business as her second business. Her husband is a habal-habal (motorcycle transportation) driver. These are her sources of income.
Susan requests a loan to provide additional capital for her fish selling business. She will also use the loan to buy assorted goods for her sari-sari business. Susan is going to buy and sell fish for her business. She also wants to buy assorted goods including canned goods, noodles, toiletries, snacks, candies, seasonings, and spices. Through this, she can earn more income.
In the future, Susan hopes to expand her business and educate her children.

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
  • 289
    View loans »
    Philippines Loans Fundraising
  • $52,219,050
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Susan to buy fish and assorted goods to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013