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Archelie
Archelie is a merchant from Panglao, Bohol. She is a married woman and has run a fashion accessories shop for more than two years now. Her husband works as a driver. Archelie is asking for a loan to buy more shells for her handicraft business. With this loan, she will be able to create more accessories from shells. In the future, Archelie has hopes of making her business a success and sustainable. Moreover, she wants to save money for the future schooling of her young son.

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
  • 1340
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Archelie to buy more shells for her handicraft business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013