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Marcelina
Marcelina is a 58-year-old, married woman and a mother of six grown children. They live in Bohol, Philippines. She operates a sari-sari or variety store business, selling various goods and commodities to the people in her place.

Marcelina is asking for a loan to buy additional merchandise to sell, like canned goods, candies and snack foods, soda, toiletries, rice, and feed for the pigs. With this loan, she will be able to sell more and increase her profit and income.

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
  • 1240
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marcelina to buy additional merchandise to sell, like canned goods, candies and snack foods, soda, toiletries, rice, and feed for the pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2012
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013