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Marly
"My husband and I have been farming since the start of our marriage. We have been tilling the land for 12 years already. We use the 2 and 3/4 hectare farm to buy the things that we need," says Marly L., 39-year old mother of four children.

She would like to ask for a loan of PHP 10,000 from CEVI. She will use the loan to purchase fertilizers and chemicals. In doing so, she thinks that her loan will help increase their harvest.

CEVI provides financial services to the poor. CEVI gives not just loans but trainings and insurance as well.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More 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

  • $1175
    Average annual income
  • 334
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Marly to purchase fertilizers and chemicals for farming.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 22, 2009
Listed
Jun 5, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009