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Cerelina
Cerelina is 48 years old from the municipality of Talibon, Bohol. She is married and her husband is a fisherman. He also sell seashells and sea cucumber. On the other hand, Cerelina helps by operating a Sari-sari (variety) store business. This existed for 25 years now and she sell items like soy sauce, detergent, cooking oil, salt, vinegar, canned goods and noodles. She is asking for a loan to buy additional stocks of canned goods, sugar, shampoo, coffee, seasoning and materials for store renovation. She hopes that someday she can continue to improve and expand her business for her three children’s education.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cerelina to buy stocks of canned goods, sugar, shampoo, coffee, seasoning and materials for store renovation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Oct 2, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2014