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Cecilia
Cecilia is a 41-year-old woman from the town of Corella, Bohol. She is married with 6 children. The oldest child is 23 years old and the youngest is 2 years old. Cecilia's husband works in maintenance at a private school to support their family. Cecilia operates a snack food vending business. She sells banana cue (fried banana with caramelized sugar), ice candy and hot cake. Her business started four years ago. She is asking for a loan to buy additional supplies, such as flour and rice, to continue her livelihood activity of food-vending.

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

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
  • 1429
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Cecilia to buy additional supplies for food-vending, like flour and rice.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 6, 2014