100%

funded

Total loan: $175

Ruena

Flag of Philippines
Banga, South Cotabato, SOCCSKSARGEN, Philippines / Agriculture

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A loan helped To purchase fertilizers, such as manure, and additional piglets.


Ruena's story

Ruena S. is from the town of Banga. She is 36 years old. Ruena is married and has four school-aged children. To make a living, Ruena raises crops. The main source of income for the business comes from planting and harvesting rice and corn for sale. Ruena has been engaged in farming for more than eight years. She recently started growing hogs for fattening and sale. She hopes for this new venture to grow as well. Ruena joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ruena has successfully repaid a previous loan from CEVI. Ruena is requesting a new loan of 8,000 Philippine pesos, which will be used to purchase fertilizers, such as manure, and additional piglets. This will be the second loan taken out by Ruena from CEVI. She plans to use the additional revenue generated from the business to supplement the family's income. About CEVI: Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over the recent years. Based in Bohol, they have numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but also offers savings, insurance, and training through regular cluster group meetings. *Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.