A loan of $325 helped to purchase general farm supplies & equipment.

Virginia's story

Virginia T. is from the town of Santa Josefa. She is 49 years old. Virginia is married and has 4 school-aged children. To make a living, Virginia owns & operates a business planting and harvesting rice for sale. Virginia has been engaged in her business for over 20 years. She works hard to be able to sustain her children's education because she wants them to finish college someday.

Virginia joined CEVI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Virginia has successfully repaid a previous loan from CEVI. Virginia is requesting a new loan of 15000 PHP which will be used to purchase general farm supplies & equipment. This will be the eighth loan taken out by Virginia from CEVI. She plans to use the additional revenue generated from the business to pay for her children's school fees and to improve the general living conditions of her family.

About CEVI:

Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over the recent years. Based in Bohol, they have numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but additionally savings, insurance, and training which are provided through regular cluster group meetings.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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Loan details