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Lolita P. owns a small hectare (2 acre) farm in their village. She grows rice which she sells to provide additional income for her family. She also saves some of her harvest for her family’s consumption. Her husband is also a farmer and they have been tilling the land together for 20 years already. She is 42 years old and has five children.

She is asking for a loan of Php 15,000 from CEVI. She will use the loan to buy fertilizers and other farm necessities. The loan will help her family a lot by increasing their yield.

CEVI has reached out to thousands of people, helping them to start and have their own business. It provides not just loans but training and insurance coverage as well.

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
  • 2062
    View loans »
    Philippines Loans Fundraising
  • $61,219,850
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lolita to purchase fertilizers and chemicals for her farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 20, 2009
May 1, 2009
Currency Exchange Loss:
Oct 15, 2009