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Crisnan
Crisnan M. owns a small "sari-sari" store. She is 52 years old and has only 1 child. She started her business since marrying her husband, Elmer M.. Aside from the store, she also owns a van. Her husband is using it for passengers and additional income for the family. She wants to buy another van to augment their income. They also farm. They grow rice and sell all their produce to rice traders.

She is requesting a loan of Php 5,000 from CEVI. She will use the loan to buy farm supplies and additional stock for her sari-sari store business. Her loan will help her grow her store and improve the soil on her farm.

CEVI is a non-profit organization that helps people start and have their own business. They not only provide their clients credit assistance, but training and insurance coverage as well.

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
  • 1064
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Crisnan to purchase farm supplies and additional stock for her sari-sari store business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 23, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009