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Urcisina
Urcisina C. is a sari-sari (variety) store owner. She is 37 years old and has 2 children. She started her business in 1993. Her business is doing well. She plans to make it bigger to support the needs of her family. Aside from the store, she also has a rice field. Urcisina uses her harvest to feed and clothe her family. She and her husband work together to meet their needs.



She is requesting a loan of Php 8,000 from CEVI. She will use the loan to buy coconut wine and bananas for her store. Her loan will definitely help her to attract more customers. " With my loan, I could compete well in the market," she said.



CEVI helps people start up and run their own business. They provide credit, training, and insurance coverage to all their clients.

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
  • 1349
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Urcisina to purchase coconut wine and bananas for re-sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2009
Listed
Mar 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009