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Joselinda
Joselinda is a 34-year-old married woman and mother of two children from Bohol, Philippines. She has been engaged in a sari-sari or convenience store business for more than ten years now. She sells a variety of items to the people in her community. The business provides her the income that she needs for their daily expenses.

Joselinda works hard to assist her husband in making ends meet. As of now, she is in need of additional funds for her store. Joselinda is requesting a loan worth 10,000 PHP to buy additional merchandise to sell like snack foods, canned goods, soap and others. With this, she will be able to attract and cater for more customers in their locality thus augmenting her sales and profit.

Joselinda dreams of making her business a success so that it will generate income enough for their needs and for the school expenses of her children.

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
  • 876
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Joselinda to buy additional merchandise to sell like snack foods, canned goods, soap, and others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013