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Vergie
Vergie V. is from the town of Talibon. She is 25 years old. Vergie is married and has two children, age 5 and 3. To make a living, she owns and operates a general store, selling both food and daily use products in the local community. She started her store three years ago.

Vergie joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a loan of 6,000 PHP which will be used to purchase additional products to sell. This will be her 1st loan from CEVI. She plans to use the additional revenue generated from the business to support her family financially.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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

  • $1175
    Average annual income
  • 1091
    View loans »
    Philippines Loans Fundraising
  • $54,717,425
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Vergie to purchase additional products to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2010
Listed
Dec 29, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011