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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

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
  • 363
    View loans »
    Philippines Loans Fundraising
  • $70,813,700
    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
Sep 28, 2012
Oct 27, 2012
Currency Exchange Loss:
Mar 15, 2013