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Ma. Gina
Ma. Gina is a 44-year-old married woman and a mother of five children in Talibon, Bohol. She has been running a sari-sari or variety store business for more than nine years now. She sells various goods and items to the people in her place.

Ma. Gina needs a loan for the expansion of her business. With this intent, she joined CEVI to apply for a loan to buy more stock to sell like canned goods, rice, corn grits, sodas and other beverages, soap and toiletries, etc. With this, she will be able to attract and cater for more customers in her store.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Ma. Gina to buy more stock to sell like canned goods, rice, corn grits, sodas and other beverages, soap and toiletries, etc.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013