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Nila runs a sari-sari or convenience store in their place in Bohol, Philippines. She has been engaged in this business for more than five years now.
As of this time, Nila needs funds for the expansion of her business. She is asking for a loan worth 6,000 PHP to purchase more stock to sell such as detergents, shampoo, snack foods, canned and dry goods, etc. Nila believes that if she will be provided with financial support through this loan, she can finally make dreams come true.

In the future, Nila wants to see her business be a successful one.

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

  • $7,000
    Average annual income
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $57,936,400
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Nila to purchase more stock to sell such as detergents, shampoo, snack foods, canned and dry goods, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 9, 2012
Sep 5, 2012
Currency Exchange Loss:
Feb 15, 2013