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Lucrecia, age 45, earns an income by buying and selling such items as children's shoes, dresses, bags, socks, and umbrellas. She lives with her husband and their four children in Talibon, Bohol. The oldest child is 13 years old and the youngest is six.

In order to remain able to cater to the needs of her customers, Lucrecia has requested a loan in the amount of PhP 21,000, which she will use to replenish her inventory of shoes, dresses, socks, bags, and umbrellas.

In the future, Lucrecia would like expand her business in order to better support her family.

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

  • $7,000
    Average annual income
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $58,008,825
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lucrecia to buy shoes, dresses, socks, bags, and umbrellas to offer for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 17, 2013
Currency Exchange Loss:
Dec 20, 2013