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Precela
Precela is a 34-year-old married woman from San Miguel, Bohol. She has 4 young children. The oldest child is 10 while the youngest is 2. She is engaged in farming. She grows rice. Her husband is also a farmer.

Aside from farming, Precela also operates a sari-sari (variety) store. She sells beverages, noodles and condiments. She has been operating the sari-sari store for 2 years. She requested a loan of 5,000 PHP to purchase commodities to sell, like canned goods, noodles, sugar and soaps. In the future, she would like to expand her business to support her growing children.

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
  • 226
    View loans »
    Philippines Loans Fundraising
  • $52,051,625
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Precela to purchase commodities like canned goods, noodles, sugar and soaps.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013