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Cerelina
Cerelina is a 48-year-old married woman and a mother of three from the town of Talibon, Bohol. Cerelina has operated a sari-sari store for more than 20 years now. She sells various goods and items to the people in her area. Cerelina is asking for a loan to buy additional stock of items to sell, like canned goods, biscuits, candies, soap and toiletries, and to pay for the repair of the house. Through this loan, Cerelina will be able to improve her store and house. In the future, Cerelina has hopes of making her business successful and more profitable.

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
  • 867
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Cerelina to buy additional stock of items like canned goods, biscuits, candies, soap and toiletries to sell, and to pay for the repair of the house.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013