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Rosario earns a living by running a sari-sari or variety store business. She has been operating the business for several years now in her place in Ubay, Bohol. She sells various goods and commodities to the people in her locality.

Rosario is asking for a loan to buy additional stock items to sell in her store like canned goods, soda, soap and toiletries, snack foods, beverages and other products. With this, she will be able to enhance her inventory and cater to more buyers in her store.

In the future, Rosario hopes to expand her business and make it a success.

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
  • 1263
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosario to buy additional stock to sell in her store like canned goods, soda, soap and toiletries, snack foods, beverages and other products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 6, 2012
Jan 4, 2013
Currency Exchange Loss:
Jul 17, 2013