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Carmelita
Carmelita is a 57-year-old married woman with 4 children. Her husband works as a Barangay official.

Carmelita runs a retail shop located near her town's market. She sells clothing items like dresses for kids, jeans and shirts. Each month, Carmelita earns 10,000 PHP with her business.

Carmelita has requested a loan to buy more items to sell such as shirts, jeans and slippers. Carmelita is hopeful that this loan will help 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
  • 1283
    View loans »
    Philippines Loans Fundraising
  • $56,347,950
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Carmelita to buy more items to sell such as shirts, jeans and slippers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012