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Elsa
Elsa is engaged in a sari-sari store (convenience store) business in the community of Talibon, Bohol. She is 51 years old and has one adult son. While her husband is working as a driver, she is busy attending to her customers in her store.

Elsa would like to expand her inventory by adding more merchandise to her store. She is asking for a loan to buy rice, corn, soft drinks and snack foods. Elsa's loan will make a big difference in her business and will make it more attractive to her customers. Her increased income will provide food for her family and also pay for her electricity.

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
  • 311
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Elsa to buy rice, corn, soft drinks and snack foods for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jul 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013