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Luisa E. owns a small "sari-sari" (Tagalog for "various kinds") store. She is also engaged in making baskets, which gets additional income for her family. She is 46 years old and has seven children. She started her business in 2001. Now, she still has a store and still makes good quality baskets which she uses to feed and clothe her family.

She is asking a loan of Php 15,000 from CEVI, Kiva's partner. She will use the loan to buy additional materials for making baskets and merchandise for her store. The loan will truly help her attract more customers and grow her business more.

CEVI helps people start and have their own business. They provide all their clients not just credit assistance but also training and insurance coverage to help their small business to grow.

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
  • 1260
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 48.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Luisa to buy stock for her sari-sari store and basket-making materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 12, 2009
Mar 9, 2009
Currency Exchange Loss:
Aug 15, 2009