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Renalwa
Renalwa M. is from Baclayon, Bohol. Her business is a sari-sari (variety) store. Her age is 59. And the year she started a business is 2004. She has been selling various types of goods to earn a living for her family. Like any other businessperson, she has been aiming for success in her business to save for her grandchildren.

The loan she seeks from CEVI, a Kiva partner, is for Php 4,000. She will buy additional merchandise for her sari-sari store. She thinks that by doing so, she will be able to attract more customers.

She has been blessed that she joined the CEVI program. She receives not only loans but training and insurance coverage as well.

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

  • $1175
    Average annual income
  • 283
    View loans »
    Philippines Loans Fundraising
  • $52,061,525
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Renalwa to buy additional merchandise for her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2009
Listed
Jun 26, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009