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Carmela is a 54-year-old married woman from Talibon, Bohol. She runs a variety store business. She sells items like coffee, canned goods, noodles, soaps and soft drinks. She has been operating a variety store for three years.

Carmela requested a loan of 10,000 PHP to buy additional goods like seasonings, beverages, soft drinks and other dry goods to attract more customers. In the future, Carmela would like to expand her business to support her family and to improve their standard of living.

Additional 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
  • 1940
    View loans »
    Philippines Loans Fundraising
  • $61,097,225
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Carmela to buy a variety of goods to re-sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 9, 2013
Jun 9, 2013
Currency Exchange Loss:
Dec 20, 2013