Mary Joy has been in rice farming business for more than ten years now. She also runs a sari-sari store business, selling various goods and items to the people in her place.
Mary Joy is asking for a loan to buy fertilizer for the farm and additional stocks for the sari-sari such as canned goods, noodles, soda and beverages, soap and toiletries. With this, she will be able to augment her income and profit.
In the future, Mary Joy hopes to make her business a success.
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