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Carmelita is a 57-year-old married woman with 4 children. Her husband works as a Barangay official.

Carmelita runs a retail shop located near her town's market. She sells clothing items like dresses for kids, jeans and shirts. Each month, Carmelita earns 10,000 PHP with her business.

Carmelita has requested a loan to buy more items to sell such as shirts, jeans and slippers. Carmelita is hopeful that this loan will help improve 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
  • 420
    View loans »
    Philippines Loans Fundraising
  • $69,606,975
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Carmelita to buy more items to sell such as shirts, jeans and slippers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 10, 2011
Dec 19, 2011
Currency Exchange Loss:
May 15, 2012