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Valerio is 53 years old from Trinidad, Bohol. He is married with eight children. He is dependent on his sari-sari store business for an income. This supports the needs of his family, especially the food. He is asking for a loan to buy merchandise such as canned goods, noodles, eggs, seasoning, and toiletries. This will help his store to be more attractive to his customers. Valerio knows that with an additional capital, it will boost his income too. The profit will provide a nutritious diet for his family. In the future, he hopes to have a bigger store for a better profit.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Valerio to buy merchandise such as canned goods, noodles, eggs, seasoning, and toiletries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 13, 2012
Sep 18, 2012
Currency Exchange Loss:
Mar 15, 2013