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Marianne
Marianne, age 35, runs a sari-sari (general store) business to earn an income. She has been engaged in this business for the past nine years and earns PhP 20,000 monthly. She lives in Alicia, Bohol, with her husband and their three children. The eldest is 16 years old and the youngest is 11.

Marianne is requesting a loan in order to buy a coffee machine for her store, as well as to purchase soft drinks and other assorted goods to offer for sale. This will help her to gain more profit. With the help of this loan, she can offer a greater variety of items to her customers.

In the future, Marianne hopes to expand her business.

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
  • 1249
    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 $750 helped Marianne to buy a coffee machine for her store, as well as to purchase soft drinks and other assorted goods to offer for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013