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"Farmer, that is me. We have been tilling our rice field, me and my husband, to be able to support the needs of our children. Our harvest is intended for family consumption. When there is extra, we sell some of our rice to our neighbor at Php 37.00 per kilo," says Susan F., 48-year-old mother of six children from Agusan Del Sur in Mindanao.

She would like to ask for a loan of Php 14,000 from CEVI. She will use the loan to purchase five sacks of fertilizers and four sacks of seed. She thinks that by doing so, she will be doing something to improve their yield and income.

CEVI gives not just loans to their clients. It also offers 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
  • 799
    View loans »
    Philippines Loans Fundraising
  • $63,345,600
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Susan to purchase 5 sacks of fertilizer and 4 sacks of seed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 5, 2009
May 18, 2009
Currency Exchange Loss:
Nov 15, 2009