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Sesenio Jr.
Sesenio S. Jr. owns a sari-sari (convenience) store and at the same time a chain saw business in Talibon Bohol. He is a graduate loan recipient of Community Economic Ventures Inc.and that is why he qualifies for an ASENSO business loan which is intended for a client who has an established business.

Sesehio would like to apply a loan of PHP 50,000 from Community Economic Ventures Inc. He will use the loan to buy additional merchandise for his business to offer her customers a wider selection.

CEVI supports its clients during the early stages of their business. It continues to support its clients during the later stage because it believes that the business will create a lot of employment for many people in the community.

Additional 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
  • 1480
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Sesenio Jr. to buy additional merchandise for his sari-sari store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2010
Listed
Feb 26, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010