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Adelaida
Adelaida is a 61-year-old woman from the town of Baclayon, Bohol. She is married with 2 grown children. She engages in a food vending business. She makes and sells snack food like suman (made from glutinous rice cooked in coconut milk, and often wrapped in banana leaves and steamed) and puto (rice cake). This is her main source of livelihood. Her business started more than 5 years ago. She is asking for a loan to buy assorted ingredients for the food vending business, to continue her livelihood activity.

In the future, she hopes to expand her food business and increase business profitability for sustainable livelihood.

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.

About Philippines

  • $1175
    Average annual income
  • 1115
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Adelaida to buy assorted ingredients for her food vending business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 23, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014