Jessica engages in an animal-raising business. She raises and sells hogs and cows. She has been raising hogs and cows for almost five years.
Aside from animal-raising, she does food-vending. She sells rice cakes to augment her income.
Jessica requested a loan of PHP 10,000 to buy an additional cow and feed and more ingredients for her food-vending business, like flour, sugar, and rice.
In the future, Jessica hopes to improve her living conditions and to provide her children with a quality education.
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