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28-year old Nelfa L. owns a sari-sari store in Dauis, Panglao. She is the mother of two children, the eldest is seven years old. Her store helps sustain the daily needs of her family. She wants to improve her business but needs additional capital in order to achieve this. She’s now requesting a loan of Php 12,000 from Kiva partner Community Economic Ventures, Inc. to help finance her business.

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
  • 401
    View loans »
    Philippines Loans Fundraising
  • $70,824,450
    Funds lent in using Kiva
  • 46.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Nelfa to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 22, 2009
Nov 14, 2009
Currency Exchange Loss:
Mar 15, 2010