A loan of $225 helped to repair the fishing boat and purchase additional fishing equipment.

Aurelia's story

Aurelia J. is from the town of Baclayon. She is 29 years old, married and has 4 school-aged children. Aurelia owns a fishing business, operating a boat to catch and sell assorted fish at the market. Aurelia has been engaged in her business for over 3 years. She dreams of having all her children finish college.

Aurelia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Aurelia has successfully repaid a previous loan from CEVI. She is requesting a new loan of 10,000 PHP which will be used to repair the fishing boat and purchase additional fishing equipment. This will be the fourth loan taken out by Aurelia from CEVI. She plans to use the additional revenue generated from the business to pay her children's tuition fees.

About CEVI:

Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over recent years. Based in Bohol, it has 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 additionally savings, insurance, and training which are provided 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.

Loan details

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Loan details