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Manuela
Manuela is a married woman and a mother of four children. She lives with her family in the town of San Miguel, Bohol. She is engaged in a retail business selling various goods and commodities to the people in her city.

Manuela needs a loan for the expansion of her business. She is asking for a loan to buy more merchandise to sell, such as soda and beverages, soap and toiletries, canned goods and noodles, as well as cooking ingredients and seasonings. Through this, she will be able to augment her store thus allowing her to attract, and cater to, more buyers and customers.

In the future, Manuela hopes to make her business a success and a stable source of income.

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
  • 255
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Manuela to buy more merchandise to sell, such as soda and beverages, soap and toiletries, canned goods and noodles, and cooking ingredients and seasonings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014