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Raquel runs a sari-sari or variety store business selling various goods and items. She lives with her husband and two children in Ubay, Bohol. Raquel is asking for a loan to buy canned goods, soda, noodles, beverages, soap, detergents and others. With this, she will be able to attract more buyers in her store and augment her sales and income. In the future, Raquel hopes to make her business a success and a sustainable source of income.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $65,961,850
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Raquel to buy canned goods, soda, noodles, beverages, soap, detergents and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 27, 2013
Currency Exchange Loss:
Dec 20, 2013