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Maria
Maria A. owns a sari-sari store business in their location. Aside from selling variety of goods, she also earns additional income by selling sand and gravel. She has been earning big from these businesses. Though, she is 66 years old already, she is still strong and very able to develop more enterprise for her family to enjoy.

She requested another loan from Community Economic Ventures Inc. She will use the loan to buy more merchandise to resell in her store. The loan as well will go far in buying more stocks of sand and gravel. She hopes that the loan will give her a good return of investment. Receiving this loan will not jsut lead her business expansion but earning big 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
  • 1136
    View loans »
    Philippines Loans Fundraising
  • $54,649,075
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Maria buy additional merchandise to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2009
Listed
Oct 12, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010