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Rita
Rita is a 39-year-old, sari-sari store owner, from Cortes, Bohol. She is a married woman with three children, ages 5, 12, and 18.

Rita sells basic household commodities needed by her neighbors, like seasoning, chips, milk, coffee, and toiletries. She is asking for a loan to buy canned sardines, corned beef, beef loaf, soft drinks, noodles, eggs, and seasoning, which are bought by her neighbors on a daily basis.

In the future, Rita wants to make improvements and expand her store, to gain a greater profit. Any income will be used for the family's daily consumption, savings, school fees, and reinvestment in the same business.

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
  • 1177
    View loans »
    Philippines Loans Fundraising
  • $54,828,800
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rita to buy canned sardines, corned beef, beef loaf, soft drinks, noodles, eggs, and seasoning.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2014