She is also an active member of the health workers in their village. She is doing everything she thinks will benefit her and her family, to pay for their growing needs.
She is asking for a loan of Php 10,000 from CEVI. She will use the loan to purchase sacks of hog starter feed and piglets. The loan will help her increase the size of her piggery. In that way, she could have more pigs to sell and more income to earn.
Florentina is one of the thousand Filipino economically active poor helped by CEVI, to start and have their own business. She receives credit, training and insurance coverage from CEVI to help her small business grow.
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