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Teofila
Teofila is a 50-year-old married woman and a mother of two children from Bohol, Philippines.

She earns a living through her variety store, selling various goods and commodities to the people in her community.

Teofila is asking for a loan to buy more stocks to sell such as rice, canned goods, snack foods and chips, soda, soap and toiletries. Through this loan, she will be able to attract more buyers and customers to her store, thus allowing her to augment her sales and profit.

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
  • 1432
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Teofila to buy more stocks to sell such as rice, canned goods, snack foods and chips, soda, soap and toiletries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013