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Silveria, 53, owns a 'sari-sari' (variety) store. She sells various types of goods in her store to provide the daily needs around her neighborhood. She started this kind of business a long time ago. Now she’s a member of Community Economic Ventures, Inc. to gain access to a loan of 25,000 Php, enough to provide additional capital to fill her store with groceries. She has one child to support in her family. This loan will be of great help to provide more groceries for her store.

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
  • 322
    View loans »
    Philippines Loans Fundraising
  • $70,640,175
    Funds lent in using Kiva
  • 46.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Silveria groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 18, 2010
Mar 4, 2010
Currency Exchange Loss:
Aug 15, 2010