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Teofila is a 59-year-old married woman from Maribojoc, Bohol. She has 3 grown children. She engages in a retail business. She sells products like lotion, perfume, talc powder and body spray. Aside from this retail business she also operates a sari-sari (variety) store. She sells beverages, canned goods, sugar and soaps. She has been in the retail business for 3 years. She requested a loan of 17,000 PHP to buy additional items such as soft drinks, noodles, milk, coffee and condiments. In the future, Teofila would like to expand her business as well as to save the old age.

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
  • 1234
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Teofila to buy additional items such as soft drinks, noodles, milk, coffee and condiments for her sari-sari store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 7, 2013
Feb 14, 2013
Currency Exchange Loss:
Aug 17, 2013