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Marites started managing her sari-sari (variety) store in 2008. Now with all her efforts to make it bigger, she has been able to better provide for the financial needs of her family. She is 40 years old living in Norala, South Cotabato.

Marites plans to use this 12,000 Philippine peso loan from Kiva field partner Community Economic Ventures, Inc. to buy groceries for her store and make it more productive.

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
  • 302
    View loans »
    Philippines Loans Fundraising
  • $70,622,575
    Funds lent in using Kiva
  • 46.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Marites groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 6, 2010
Jan 28, 2010
Currency Exchange Loss:
Jul 15, 2010