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Teofila is a married woman with three grown children from Carlos P. Garcia, Bohol. Teofila runs a sari-sari or variety store where she sells various goods and items to the people in her area. Teofila is asking for a loan to buy more stock to sell such as canned goods, soda, chips, biscuits and noodles. Through this loan, she will be able to attract more customers to her store, thus increasing her sales and income.

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
  • 1564
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Teofila to buy more stock to sell such as canned goods, soda, chips, biscuits and noodles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 9, 2013
Jun 11, 2013
Currency Exchange Loss:
Dec 20, 2013