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Lucresia
Lucrecia is a food vendor from Talibon, Bohol. She is a 48-year-old married woman and has been engaged in this business for more than eight years. She sells home-cooked food to the people in her neighborhood. Lucrecia is applying for a loan to buy additional ingredients for her food-vending business, including rice, sugar and cooking oil. With this loan, she will be able to cater to more customers in her store, thus augmenting her sales and profit. In the future, Lucrecia hopes to make her business a success.

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
  • 361
    View loans »
    Philippines Loans Fundraising
  • $50,801,300
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Lucresia to buy additional ingredients for her food-vending business, including rice, sugar and cooking oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013