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Benedicta
Benedicta is a sari-sari store (general store) owner from the town of San Miguel, Bohol. She is 42 years old and married with four children ages 3, 8, 17 and 18. Her business has been in existence for 12 years. Her husband is a farmer and grows rice for their family.

She is asking for a loan to buy more merchandise like rice, eggs, soft drinks, beef loaf (canned beef), bread, feed, milk, soy sauce, cooking oil, vinegar and shampoo. She hopes that someday she will be more successful by expanding her business and making it bigger.

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
  • 1139
    View loans »
    Philippines Loans Fundraising
  • $54,559,375
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Benedicta to buy more merchandise like rice, eggs, soft drinks, beef loaf, bread, feed, milk, soy sauce, cooking oil, vinegar and shampoo.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013