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Emelita M. grows hybrid corn in their village. She is 44 years old and has five children in school. She and her husband, Abudio M., work very hard to sustain their family and provide for their daily needs. They never mind the labor of going to the field, working under the heat of the sun, and touching the wet soil, just to ensure enough food for their children.
Now, Emelita is requesting a loan of 7,000 PHP from Community Economic Ventures Inc. (the first Filipino MFI that obtained active status on Kiva). Emelita will use the loan to purchase hybrid corn seeds. The loan will truly help her increase her income.

CEVI aims to help small businesses grow. CEVI provides their clients with more than just loans. It also offers training and insurance coverage.

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
  • 1482
    View loans »
    Philippines Loans Fundraising
  • $59,157,225
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Emelita to purchase hybrid corn seeds.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 23, 2009
May 9, 2009
Currency Exchange Loss:
Oct 15, 2009