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Alma
Alma is a 31-year-old married woman from Getafe, Bohol. She has two children a boy of 12 years and a 10-year-old girl. She is engaged in sari-sari or variety store business for three years now. Her monthly income is PHP 4,000. The general store is the source of her income. Alma is requesting a loan to buy additional items like canned goods, noodles, toiletries, sugar, coffee, soft drinks, and beverages for her store. Through this loan, she will be able to buy all this items and attract the customers in her local community. In the future, Alma hopes to expand her business and gain more profit to sustain the needs of her children in schooling and 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

  • $7,000
    Average annual income
  • 1034
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Alma to buy additional items like canned goods, noodles, toiletries, sugar, coffee, soft drinks and beverages for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013