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Rose
Rose, age 56, sells bamboo to earn an income. Bamboo is often used for flooring in the Philippines, especially in houses made of nipa. It is also often used for house fences. She has been engaged in her business for almost 10 years.

Rose lives with her family in Getafe, Bohol. Her husband works as a carpenter.

She is requesting a loan in the amount of PhP 5,000 in order to buy more bamboo. This will allow her to increase supply and improve her sales.

In the future, Rose would like to increase her available business capital in order to build 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

  • $1175
    Average annual income
  • 380
    View loans »
    Philippines Loans Fundraising
  • $50,744,100
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Rose to buy bamboo to offer for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jul 17, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013