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Tita
Tita runs a sari-sari or variety store business in her place in Loboc, Bohol. She has been engaged in the business for more than nine years now. Tita works hard to support her husband in meeting the needs of the family.

Tita is asking for a loan of PHP 20,000 to buy additional groceries to sell like canned goods, rice, biscuits and snack foods, soda and beverages.

In the future, Tita dreams of expanding her store so that it will generate more revenue.

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
  • 1238
    View loans »
    Philippines Loans Fundraising
  • $57,827,400
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Tita to buy additional groceries to sell like canned goods, rice, biscuits and snack foods, soda and beverages.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013