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Cristita
Cristita is engaged in seaweed farming. She is a married woman and has been in the business, together with her husband, for more than two years. This is the source of their income. Seaweed farming is one of the lucrative ventures in their town in Talibon, Bohol.

Cristita is asking for a loan to buy seaweed seedlings, rope and straw. With this, she and her husband will be able to improve their seaweed farming operation, thus increasing their harvest and yield. Cristita has hopes of expanding their business in the future, and making it a success.

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
  • 287
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Cristita to buy seaweed seedlings, rope and straw.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013