Update from our loan to Evelyn Dionela in the Philippines

Evelyn Dionela in the Philippines

Evelyn Dionela in the Philippines

We received this update from Crispulo Alcantara, a Development Officer for Kiva field partner Ahon Sa Hirap, Inc. (ASHI):

During my loan utilization check, Evelyn is quite sad in informing me that her loan was not fully utilized because she used part of her loan in paying the bills, electricity for many months, she wants to settle the said account for the continue the operation of her store. She was able to renew their license of her store, and she borrowed Php1,000.00 for the medication of her child. She has a cash on hand amounting to Php6,000.00 to buy assorted ingredients to start her food vending.

She promised me to do her best to improve her business for her to be trusted by the lenders who supported her application.

The 5% Salamat Fund that goes directly to their group fund savings for emergency needs of the group, and Php600.00 Philhealth balance were deducted upon the release of her loan.

We raised $1,000 in a day!

Joice Dodo

Joice Dodo in Juba (Sudan), wanted to expand her bread baking business to build a house she wants to rent out. We loaned her $50 via Kiva’s micro financing scheme.
She is one of the loans we issued today:

Today, we gave these loans on behalf of Bex (as a birthday present for Ekram)
Lina in Lebanon: $50
Dao Thi Sau in Vietnam: $50
Joice Dodo in Sudan: $50

Temmy and other team member of our Kiva Lending team chipped in more, so in a span of only 24 hours, we raised


for loans on our Kiva micro financing project… We are now just a breath away from $10,000. Who would have thought this was possible when we started “Change Starts Here”, only six months ago?

Follow the progress of our project on our scorecard, and why not join our lender’s team?

More micro finance loans

susan edward

Susan Edward from Juba in Southern Sudan is 28 years old and married to a teacher. She has two children who are in school. Susan sells green vegetables at the market and is requesting a loan to open a shop.

We gave her a micro finance loan of $50.

This is one of the new loans we gave as part of $400 raised at the birthday party of my friend “E”, who also wrote this short story on The Road.

“E” preferred not to receive gifts for her birthday, but asked for people to donate to our Change Starts Here project.

Ester was one of the people who stepped forward.

Thanks to Ester and “E”, we financed these projects:
Grace Elunai in Sudan: $50
“Women in Need” group in Sierra Leone: $100
Mimania Edward in Sudan: $50
Susan Edward in Sudan: $50
Rena Hasanova in Azerbayijan: $25
Enero Women in Paraguay: $75
Rubelyn Lumanta in Philippines: $50

Follow the progress of our project on our scorecard

With a big thanks again to Ester and “E”!

Update from Merlinda Torejos in the Philippines

The Merlinda Torejos women in the Philippines

The Merlinda Torejos women in the Philippines

I received this update from one of our projects in the Philippines:

I’ve spent several months acting as a Kiva Fellow on the island of Bohol in the Philippines, visiting entrepreneurs and working alongside a local Field Partner here. As you may know, all entrepreneur profiles on Kiva’s web site are posted by local Field Partners (microfinance institutions), which are organizations that lend to the working poor to help lift themselves out of poverty. The role of the Field Partner is to screen each entrepreneur, upload his/her loan request on the Kiva web site, disburse the loan, and collect repayments.

Community Economic Ventures, Inc. (CEVI), in partnership with WorldVision, delivers microfinance services and education to thousands of borrowers throughout the Philippines. With over 20 branches, CEVI reaches even the most remote clients as custodians of your Kiva loans.

One such branch is in Trento, Agusan del Sur province in Mindanao. This small, agricultural community is several hours by bus from the main city of Davao and is known for its advances in organic rice farming. On a recent visit we met with the San Jose cluster of clients and attended their weekly meeting.

CEVI clients form community clusters, which are groups of 6 to 30 people who meet regularly to provide training and education to borrowers as well as to collect and disburse repayments and loans. With regularly elected officers, these groups are entirely managed by the community for the benefit of its members. On this afternoon, the San Jose cluster began the meeting with a prayer before settling in to discuss the arrival of Kiva and how it works.

Many of those in the San Jose cluster raise pigs or rice and are provided with agricultural loans. These loans often have a 4 month term, which coincides with the length of time it takes to raise a piglet or the period to bring rice to harvest. Often the proceeds go toward animal feed or fertilizers, but may also be used to purchase piglets or seed. The most profitable pig farmers are those with sows who can breed their own piglets, but sows are costly to maintain given their piggish appetites.

Nelia Tura runs yet another type of business by raising ducks. She recently purchased 200 ducklings which she keeps behind her small wooden home outside Trento. After reaching maturity, the ducks will lay one egg a day which she sells to local balut manufacturers. Balut is a duck egg which has been fertilized to 16 or 17 days before being steamed and eaten with vinegar and salt. It’s a favorite late-night snack which is high in protein and economical at a price of about $0.30. Nelia has a near monopoly on duck eggs in her town and was able to increase her output thanks to her Kiva loan.

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