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Like other business persons, Agnes C. also dreams of success in her grocery business. She started it off small, using her savings of Php 3,000 in 1986. She managed it well and has turned it into a mini-grocery. This year, she is earning a lot from her store and what she wants to do is to send her two children to college.

However, she still needs capital to buy additional merchandise for her store. She is asking for a loan of Php 25,000 from Community Economic Ventures Inc. The loan will really help her achieve better income for her family.

She is happy with the services of CEVI. She still would like to access loans, training and insurance coverage as well from them.

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
  • 1224
    View loans »
    Philippines Loans Fundraising
  • $63,466,825
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Agnes to purchase assorted groceries for sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jul 15, 2009
Jul 23, 2009
Currency Exchange Loss:
Dec 15, 2009