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Lucita
63-year-old Lucita D. understands the responsibilities of having a family. Although she and her husband were not blessed with a child, she still feels the need to have a stable job and business. Thus, she started a small grocery store with the help of her sister. Presently, the store has a good status, but Lucita won’t settle for the average. She wants to have additional capital to expand her business.

This is the reason why she joined the Community Economic Ventures Inc. (CEVI), a growing micro-finance institution in the Philippines known for its client-friendly services. Lucita is currently asking for a loan from CEVI. And as a member, she actively attends their meetings wherein she gets to mingle with her fellow members in sharing some Biblical reflections.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Lucita goods for the store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2009
Listed
Jul 10, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009