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Virgilia
Virgilia is a 57-year-old married woman from Talibon, Bohol, Philippines. She has been engaged in a fishing business for several years now. Her husband works as a fisherman. Virgilia works hard to provide support to her husband in meeting the needs of their family.

Virgilia dreams of expanding their fishing ventures but lacks the financial resources to do so. She is asking for a loan from CEVI and has been a member for some time now. The loan will be used to buy new fishing nets, lead weights, a bucket, and fuel for the fishing boat. With this, her husband will be able to enhance his daily catch, thus allowing them to sell more fish at the market.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Virgilia to buy new fishing nets, lead weights, a bucket, and fuel for her fishing boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013