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Maricel
Maricel is 29 years old and lives in Getafe, Bohol with her husband and six young children. Her oldest is 9 years old while her youngest is 10 months. Her husband helps support the family by working in construction while she runs a sari-sari (or variety) store where she sells various items like cooking oil, canned food, shampoo, soap and dry goods. Her business started 10 years ago. She is asking for a loan to buy a rice, various grocery items and soft drinks. In the future, she hopes to expand her store and increase its profitability so that she can pay for her children’s education.

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
  • 1307
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Maricel to buy a sack of rice, various grocery items and soft drinks.
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