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Teresita
Teresita is a 53-year-old married woman from Maribojoc, Bohol. She has two adult children.

Teresita operates a sari-sari (variety) store business and a small eatery where she sells home-cooked meals. In her store, she also sells commodities like canned goods, noodles, soft drinks, soaps and toiletries. She has been in the sari-sari store business for ten years.

She requested a loan of 20,000 PHP to buy more merchandise to sell like canned goods, soft drinks, casseroles, vegetables, seasoning and meat.

In the future, Teresita would like to expand her business by investing in other business ventures to support her family.

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
  • 270
    View loans »
    Philippines Loans Fundraising
  • $52,788,275
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Teresita to buy more merchandise to sell like canned goods, soft drinks, casseroles, vegetables, seasoning and meat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013