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Ritchie
Ritchie is a 42-year-old, married woman and the mother of six young children in San Francisco, Talibon. She and her husband have been engaged in t-shirt printing for almost 20 years. This is the source of their income.

Ritchie is asking for a loan to buy additional materials for t-shirt printing, such as paint and shirts. With this, they will be able to attract and cater to more customers.

Ritchie aims to expand their business and save money for the schooling of her children.

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
  • 1095
    View loans »
    Philippines Loans Fundraising
  • $57,635,625
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ritchie to buy paint and shirts for her t-shirt printing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013