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Gaudencia
Gaudencia is a 59-year-old married woman and a mother of two children from Getafe, Bohol. Gaudencia has been engaged in a fishing business for more than 10 years now together with her husband.

Gaudencia is asking for a loan to buy new fishing nets and to pay for the repair of the fishing boat. Through this, her husband will be able to improve his catch thus giving them more fish to sell in the market. In the future, Gaudencia hopes to expand their fishing business in order to generate more revenue. She also wants to save money for the repayment of her loan.

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
  • 1274
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Gaudencia to buy new fishing nets and to pay for the repair of the fishing boat.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013