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Arlene
Arlene is a 41-year-old married woman from Talibon, Bohol. She has two children. She runs a sari-sari (variety) store, where she sells various items like bread, biscuits, cooking oil, noodles, soaps and toiletries. Arlene is in need of capital to maintain the store's inventory. She requested a loan of 14,000 PHP to buy a sack of rice, a sack of pollard (pig feed) and other various goods. In the future, Arlene would like to expand her sari-sari store to support the education of her children and also provide proper food and good living conditions.

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
  • 1069
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Arlene to buy a sack of rice, a sack of pollard (pig feed) and other various goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 25, 2014