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Teresita
Teresita, age 31, makes and sells calamay to earn a living. Calamay is a sticky, sweet delicacy made of coconut milk, brown sugar, and ground glutinous rice. She has been making and offering calamay for sale for 10 years.

Teresita and her husband have a 10-year-old son and live in Albur, Bohol.

She has requested a loan in the amount of PhP 12,000 PHP in order to buy ingredients for making calamay, such as glutinous rice, brown sugar, and coconut shells.

In the future, Teresita would like to invest in other business ventures in order to improve their standard of living, as well as to be able to send her child to school.

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

  • $1175
    Average annual income
  • 863
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Teresita to buy ingredients for making calamay, such as glutinous rice, brown sugar, and coconut shells.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013