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Cecil
Cecil P. owns a sari-sari store. She is happy about her business because it helps her provide for the needs of her family. Her husband is a fisherman. Aside from fish, her family relies on the income she makes in her store. She has five children and her eldest is just 18 years old. She is doing the very best she can to improve her business.

She would like to apply for a loan of PHP 16,000 from Community Economic Ventures Inc. She will use the loan to buy additional merchandise to resell.

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
  • 286
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Cecil to buy additional merchandise to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010