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Lucila
Lucila runs a sari-sari or variety store in Ubay, Bohol. Her husband works as carpenter. Lucila works hard to earn a living so that she can support her husband in meeting the needs and expenses of their family. She has been running the business for more than four years.

Lucila requests a loan to buy more stock to sell at her store. Items like rice, soda, canned goods, beverages, snack foods and others. With this, she can finally have more customers and buyers in her store, thus increasing 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
  • 1476
    View loans »
    Philippines Loans Fundraising
  • $59,115,875
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lucila to buy more stock. Items like rice, soda, canned goods, beverages, snack foods and more.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013