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Cheryl
Cheryl is a 29-year-old married woman and a mother of four young children aged 10, 7, 5, and 3. She lives in Talibon, Bohol, Philippines, with her husband and her children. Cheryl runs a sari-sari (convenience) store selling various types of goods to the people in the community.

Cheryl dreams of expanding her business but lacks the financial resources to do so. With a loan from CEVI, Cheryl will finally be able to to buy more goods to sell in her store, such as shampoo, detergent, cooking oil, seasonings, biscuits, and candies. With the additional inventory, she will be able to cater to more customers and buyers.

Cheryl wants to save more money for her children's schooling. She also hopes to experience the fullness of life together with 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

  • $7,000
    Average annual income
  • 1250
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Cheryl to buy more goods to sell in her store such as shampoo, detergent, cooking oil, seasonings, biscuits, and candies.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013