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Urcisina
Urcisina is a 63 year old married woman with 2 grown up children. She is engaged in the coconut wine vending business. Urcisina also sells soft drinks like Pepsi and Coke.She earns 8,000 pesos a month by doing both businesses. She has been in the coconut wine business for 40 years. She requested a loan of 7,000 PHP to buy to buy additional soft drinks, coconut wine and additional capital for load retailer business. Urcisina would like to expand her business in order to save at the same time in preparation of old age.

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
  • 1493
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Urcisina to buy additional soft drinks, coconut wine and additional capital for load retail.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013