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Soldie D. is a sari-sari (variety) store owner. She is 46 years old and has three children who are studying. She started her business a year ago using her small savings. Until now, she was able to sustain her business and make it grow. When Soldie is not busy selling goods, she helps her husband, Marcelino, on their farm. They grow rice together, which they use to feed and support their family.

She is requesting a loan of Php 10,000 from CEVI, Kiva's partner. She will use the loan to buy additional merchandise to grow her business. She is also interested in venturing into some other line of business to augment their income.

CEVI is reaching out to more people, especially the poor, to start and have their own business. They give credit, training and insurance coverage to all their clients.

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
  • 691
    View loans »
    Philippines Loans Fundraising
  • $63,147,100
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Soldie to buy additional merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Apr 16, 2009
Apr 16, 2009
Currency Exchange Loss:
Sep 15, 2009