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Almaden is a married woman with a five-year-old daughter. She has been engaged in sari-sari or variety store business for five years. She usually earns about 7000 PHP per month. Her husband is a welder. These are the sources of their income.

Almaden is requesting a loan to buy additional stock of soft drinks, beverages, and pollard to catch the attention of customers nearby in her local community. Through this loan, she can earn more profit.

In the future, Almaden hopes to be successful in her business so that she can meet the needs of her family and provide for the education of her daughter.

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
  • 325
    View loans »
    Philippines Loans Fundraising
  • $70,697,750
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Almaden to buy additional stock of soft drinks, hard liquor, and pollard.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Dec 12, 2012
Currency Exchange Loss:
Jun 17, 2013