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Evangeline
Evangeline J. manages a small sari-sari (variety) store business. She is married to Loreto J., a rice grower, and has one child. She started the store in 1995. She keeps doing the same thing because she finds it a profitable business to do.

She needs additional capital for her business. She is asking for a loan worth Php 16,000. She will use the loan to purchase additional merchandise for her store.

Now, she is actively participating in the CEVI credit program. She receives not just loans but also 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

  • $7,000
    Average annual income
  • 1044
    View loans »
    Philippines Loans Fundraising
  • $57,705,875
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Evangeline to purchase additional merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2009
Listed
Jul 23, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009