She runs a sari-sari store business in Bien Unido, Bohol. Cherelyn sells bread, canned goods, instant noodles and other items in her store. She works hard to help provide for their household needs and send her children to school.
Cherelyn is requesting a loan to buy more items to sell such as canned goods, soft drinks and snacks. She hopes for this loan to help improve her income so she can improve their house and pay for her children's school fees.
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.
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Success!! The loan was 100% repaid