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Maria
Maria R. has a sari-sari store business. She is a 54-year-old mother of seven children. She started her business using her own capital of PHP 3,000. The income that she earns from the store helps her pay the household expenses. She is asking a loan of PHP 10,000 from CEVI to buy additional merchandise and to enroll her children in school. The loan will help in growing her business and paying her children’s tuition fees.

CEVI is reaching out to people and helping them grow and sustain their livelihood. CEVI provides loans, trainings and insurance coverage to all its clients.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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
  • 1292
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Maria to buy additional merchandise and pay her children's tuition fees.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2009
Listed
Jun 3, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009