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Lilybeth B. is a 27-year-old entrepreneur and mother of one child. She has a sari-sari ('various kinds') store business. She started a small store using her savings of 5,000 PHP. Every day she earned an average of 300 to 600 PHP from the store. This income enabled her to pay all her household expenses. Lilybeth is now requesting a loan of 10,000 PHP from Kiva partner, CEVI. She will use the loan to purchase additional merchandise for her store. The loan will help increase the capital size of her business.

About CEVI

CEVI helps small business to grow. It provides its clients not just with loans but with training and insurance cover as well.

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
  • 995
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Lilybeth to purchase additional merchandise for her store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Jun 8, 2009
Jun 6, 2009
Currency Exchange Loss:
Oct 15, 2009