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Alma
Alma is a 39-year-old married woman from Talibon, Bohol. She has five children. The oldest child is 18 while the youngest is 1 year old. She engages in a food vending business. She cooks homemade meals like fried chicken and stewed vegetables, and she also makes ice candy to bring in more income. Her husband works as a private driver. She has been doing her food vending business for more than five years now.

To be able to finance her food vending business, Alma requested a loan of 12,000 Philippine pesos to buy more ingredients like meat, fish, vegetables and seasonings. She wants to continue to serve her customers and to be able also to maintain her capital.

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
  • 269
    View loans »
    Philippines Loans Fundraising
  • $52,839,500
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Alma to buy more ingredients like meat, fish, vegetables and seasonings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014