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Tessie
Tessie, 40, is married, has an 11-year-old son and is from Bien Unido, Bohol. She has been in the fishing business for 10 years now together with her husband. This is the source of her income.
Tessie is requesting a loan to buy fish nets, fish hooks, floaters and lead sinkers, materials used for catching fish. With the help of this loan, she will be able to catch many fish and sell it in her local area.
In the future, Tessie hopes to expand her business.

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
  • 1288
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Tessie to buy fish nets, fish hooks, floaters and lead sinkers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013