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Ma. Rena
Ma. Rena is a 38-year-old married woman and a mother of six children. She is from Talibon, Bohol. Ma. Rena is engaged in a food vending business, selling home-cooked snack foods to the people in her place.

Ma. Rena is asking for a loan to buy additional ingredients for food vending like flour, sugar, cooking margarine and other ingredients. With this, she will be able to cook more and sell more, thus augmenting her sales and income.

In the future, Ma. Rena hopes to expand her business, save money for the schooling of her children and to repay her loan on time.

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
  • 1448
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Ma. Rena to buy additional ingredients for food vending like flour, sugar, cooking margarine and other ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013