She engages in a food-vending business. She makes kalamay (a sticky, sweet delicacy made of coconut milk, brown sugar and ground glutinous rice). She works hard to earn a living.
Due to the high demand for kalamay, Digna requested a loan of 20,000 PHP (Philippines pesos) to buy more ingredients like coconut milk, brown sugar, glutinous rice and empty coconut shells and canisters (for storage).
In the future, Digna would like to manage her business well to grow and expand and to be able to send her children to school as well as have a sustainable livelihood.
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.
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Success!! The loan was 100% repaid