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Marina
Marina is a hard-working woman, running a sari-sari (variety) store to provide for her three children. Her stock includes food, ranging from canned goods and noodles to chips and snack foods. She also sells soap and detergents among others. Her husband is in the motorcycle transport business.
Marina is asking for a loan to buy more stock to sell like canned goods, candies, soda and other beverages. Through this loan, she will be able to expand the variety of her stock and attract more customers in her store.
In the future, Marina dreams of making her business a success and having a sustainable source of 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
  • 270
    View loans »
    Philippines Loans Fundraising
  • $53,135,300
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marina to buy more stock to sell like canned goods, candies, soda and other beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014