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Carmelita
Carmelita has run a sari-sari or convenience store for more than 20 years now. She sells various products in her store to the people in the community.

Carmelita is asking for a loan of 14,000 Philippines pesos (PHP) to buy more items to sell, such as bread, biscuits, candies, personal care products such as shampoo and bathing soap, cooking ingredients and others.

Carmelita dreams of expanding her business so that it will augment her income for the sustenance of the whole family.

Additional 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
  • 1489
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Carmelita to buy more items to sell, such as bread, biscuits, candies, personal care products such as shampoo and bathing soap, cooking ingredients and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013