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Loida
Loida earns a living through her sari-sari or variety store business. She operates it in Bohol, Philippines. The 34-year-old mother of two has been in the business for more than five years. Loida dreams of expanding her current store but she lacks the financial means to do so. She is asking for a loan from CEVI to buy additional stocks to sell like rice, sugar, soda, beverages, bread and snack foods, cooking ingredients and seasoning, soap and toiletries. With this, she will be able to attract and cater for more buyers in her store thus augmenting her sales and profit. Loida hopes to make her business a success and to save money for the future schooling of her 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

  • $7,000
    Average annual income
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $57,916,375
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Loida to buy additional stocks to sell like rice, sugar, soda, beverages, bread and snack foods, cooking ingredients and seasoning, soap and toiletries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013