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Josefina earns a living through making and selling polvoron. Polvoron is powdered milk candy, made of flour, sugar, butter and powdered milk. It is a famous sweet all over the Philippines. Josefina makes a bucket of polvoron daily. She makes packs of 25 and 90 pieces that she sells to store owners.

Josefina is requesting a loan of 16,000 PHP to purchase wrappers and raw ingredients such as flour and sugar for polvoron. She hopes for her business to be stable. She said that although her 24-year-old child is already married, she still wants to support her and someday her grandchildren.

Additional 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.

About Philippines

  • $7,000
    Average annual income
  • 462
    View loans »
    Philippines Loans Fundraising
  • $69,701,375
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Josefina to purchase wrappers and raw ingredients such as flour and sugar for polvoron.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 24, 2011
Jul 9, 2011
Currency Exchange Loss:
Dec 15, 2011