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Carmen
Carmen is a 58 year old from the community of Valencia, Bohol. She is married with two adult children. Carmen’s husband is a carpenter. She has been helping support the family by operating a Sari-sari store (variety store) business for six years now. She sell toiletries, canned goods, noodles, eggs, and seasoning. She is asking for a loan of 7,000 PHP to buy additional stocks of shampoo, bath soap, coffee, cooking oil, biscuits, and canned goods. Her income provides food for her family.

In the future, she hopes to have a bigger business.

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
  • 1507
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Carmen to buy additional stock of shampoo, bath soap, coffee, cooking oil, biscuits, and canned goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 6, 2014