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Teresita is a 48-year-old married woman from Talibon, Bohol; she has five children.

She runs a sari-sari (variety) store business, where she sells various items such as biscuits, sugar, shampoo, noodles, soaps, and beverages.

Teresita requested a loan of 11,000 PHP to buy additional goods to sell such as canned goods, beverages, and soft drinks.

In the future, Teresita would like to expand her sari-sari store to provide her family with good food and a quality life.

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
  • 706
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Teresita to buy additional goods to sell such as canned goods, beverages, and soft drinks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 22, 2013
Jun 27, 2013
Currency Exchange Loss:
Dec 20, 2013