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Marijen
Marijen is a 35-year-old woman from the town of Dauis, Bohol. She is married with five children. The oldest is 9, while the youngest is 4. Her husband worked as a fisherman to support their family.

She is engaged in a fish vending business. She sells various fresh fish to help augment the income of their household. Her business started five years ago. She is asking for a loan to buy materials, such as styrofoam (for fish storage), fishing materials like fish net, and fuel for the boat.

In the future, Marijen hopes to expand her business and increase her business’ profitability for her children’s education.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 1076
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Marijen to buy materials, such as styrofoam (for fish storage), fishing materials like fish net, and fuel for the boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 16, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014