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From the town of Trinidad, 60-year-old Cresina M. is married and has children. The owner and manager of a sari-sari (general) store for almost 15 years already, Cresina sells various products including shampoo, bread and soft drinks, and hopes to acquire new items, including rice, to expand her product offering.

Cresina joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Having repaid her previous loan from CEVI, she is requesting a new loan of 12000 PHP to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve 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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Cresina to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 23, 2010
Dec 6, 2010
Currency Exchange Loss:
May 15, 2011