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Teresita
Teresita is married and lives in Bohol, the Philippines. She and her husband have been engaged in the fishing business for more than ten years now.

Teresita needs a loan. She is asking for a loan to buy fishing nets and to pay for the repair of their boat.

With this, her husband will be able to improve his catch, thus giving them more fish to sell in the market.

In the future, Teresita dreams of making their fishing business a success.

Additional 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

  • $7,000
    Average annual income
  • 1431
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Teresita to buy fishing nets and repair her boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014