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Carmelita
Carmelita is from Poblacion, Panglao, Bohol. She is 56 years old, married with 9 children. Her eldest is 32 and her youngest is 14. Carmelita has a small business cooking snack foods which she sells in the community of Panglao. She cooks and sells pancakes and rice cakes for an income.

She is asking for a loan to buy ingredients like sticky rice, flour, sugar and to pay for tuition fees of her children. She hopes to make a good profit out of this business so she can support her children's needs. Her profit will be for school fees and food for her family.

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
  • 297
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Carmelita to buy ingredients like sticky rice, flour, sugar and to pay for tuition fees.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013