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Luisa
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

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
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $59,107,075
    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
Monthly
Pre-Disbursed:
Feb 12, 2009
Listed
Mar 9, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009