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Cheryl
Cheryl is a 30-year-old married woman and a mother of four children from Talibon, Bohol. She runs a sari-sari or variety store business selling various goods and items to the people in her place.

Cheryl is asking for a loan to buy more groceries to sell like canned goods, candies, noodles, soda and beverages, soap and toiletries. With this,she will be able to improve the variety of her stock thus allowing her to sell and cater for more buyers in her store.

In the future, Cheryl hopes to make her business a success and expand her store, thus generating more revenue to fulfill the needs of the family - which include food - and to pay the school fees of her children.

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

  • $1175
    Average annual income
  • 1540
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cheryl to buy more groceries to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 23, 2014