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Prescila
Prescila is a 23-year-old woman and the mother of a 3-year-old daughter from Bohol, Philippines. Prescila has been engaged in a sari-sari or variety store business for several years now. She is asking for a loan to buy additional stock to sell, like rice, canned goods, noodles, beverages, food seasonings, soap and toiletries. With this, she will be able to sell more items to her customers, thus augmenting her profit and income. In the future, Prescila hopes of expanding her store and saving money for the future schooling of her daughter.

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
  • 1248
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Prescila to buy additional stock to sell, like rice, canned goods, noodles, beverages, food seasonings, soap and toiletries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013