She engages in a food-vending business. She sells homemade fried chicken to customers in the community. She has been selling fried chicken for almost three years now. Zenaida requested a loan of 8,000 PHP to buy seasonings and chicken so that she can continue to serve her customers and also augment her income.
In the future, Zenaida would like to expand her business to become a successful businesswoman while providing her children with good food and high-quality educations.
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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.
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