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Vilma
Vilma is a 44-year-old married woman and mother of three school-aged children. She is from Cortes, Bohol. She has been engaged in basket weaving for several years now.

Vilma wants to expand her business, but lacks the capital to do so. She is asking for a loan to buy more materials for basket weaving, such as bamboo sticks, straw, and "buri" (native palm).

In the future, Vilma wants to explore another venture to augment her income so that she can continually send her children to school for better learning.

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

  • $7,000
    Average annual income
  • 1069
    View loans »
    Philippines Loans Fundraising
  • $57,661,375
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Vilma to buy more materials for basket weaving, such as bamboo sticks, straw, and buri.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013