A loan of $100 helped to invest in expanding her business.

Nerissa's story

Nerissa P. is from the town of Talibon. She is 33 years old, married and has 5 school-aged children. Nerissa owns & operates a fishing business: she operates a fishing boat and sells the catch of assorted fish at the market. Nerissa says her business helps a lot in providing for her family. She hopes for her business to prosper.

Nerissa joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Nerissa is requesting a new loan of 4,000 PHP which will be used to invest in expanding the business. This will be the first loan taken out by Nerissa from CEVI. She plans to use the additional revenue generated to supplement her 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 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.

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Loan details