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Elvie
Elvie earns a living through her 'sari-sari' or variety store business. She has been in this business for more than five years now. She sells various goods to the people in her place in Ubay, Bohol.

Elvie is asking for a loan to buy additional stock to sell in her store like canned goods, noodles, rice, chips and snack foods, sodas and toiletries. With this, she will be able to attract more customers to her store.

In the future, Elvie aims to expand her business. In addition, she wants to save money so that she can continue supporting her children's schooling.

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
  • 252
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Elvie to buy additional stock to sell in her store like canned goods, noodles, rice, chips and snack foods, sodas and toiletries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013