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Lorna
Lorna is a 46-year-old married woman from the town of Maribojoc, Bohol. She runs a sari-sari, or variety, store business selling various goods and items to the people in her area.

Lorna needs a loan for the expansion of her store. She is asking for a loan to buy more stock to sell like canned goods, noodles, soda and beverages, seasonings, soap, and toiletries. Through this, she will be able to attract and cater to more buyers, thus augmenting her sales and income.

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
  • 303
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lorna to buy more stocks to sell like canned goods, noodles, soda and beverages, seasonings, soap, and toiletries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 24, 2013