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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

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
  • 1415
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    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