Gelinda F. raises pigs. She is 46 years old and has two children. She started her business 24 years ago. She raises pigs because she loves the work and earns a lot of money from the business. Aside from pigs, she and her husband own 3 1/4 hectares of land, which her husband manages in order to support their family needs.
Gelinda has three pigs and would like to increase the size of her business with a loan from CEVI. She is requesting a loan of Php 15,000. She will use the loan to buy more piglets and pig feed.
CEVI is a non-profit organization that helps people start and own their own businesses. Gelinda enjoys the use of the credit assistance, trainings, and insurance coverage that CEVI gives all their clients.
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