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Charito
Charito B. is from the town of Tagbilaran. She is 39 years old and married with 5 children, aged 18, 16, 13, 11 and 5. Charito is a Natasha (a direct sales company) dealer. She says she started selling Natasha products, such as shirts and shoes, to her friends. She also sells dried fish in her community. Charito is working hard to build her business. She also plans to sell Pyrex kitchen cookware.

Charito joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from CEVI. Charito is requesting a new loan of 17,000 PHP which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve her business.

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
  • 1156
    View loans »
    Philippines Loans Fundraising
  • $54,880,275
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Charito to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 8, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011