Aida earns a living through her food vending business selling home cooked foods to the people in her place.
Aida is asking for a loan to buy more ingredients for cooking like meat, vegetables, cooking oil, salt and seasonings. With this, she will be able to cook more which allows her to sell more to her customers.
In the future Aida hopes of expanding her store so that it will generate more revenue necessary for the needs of the family especially for the schooling of her children.
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. These loans will be directed to borrowers living in affected areas and help them to rebuild and recover.
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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This loan has been fully funded!