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Madiore
Madiore T. owns a small rice farm. She is 45 years old and the mother of three children. The proceeds of her farm go to purchasing the basic needs for their family. Aside from rice, she plants vegetables in their backyard, a short distance away from their house.

She is asking for a loan of PHP15,000 from CEVI. She will use the loan to pay for the manpower during land preparation. Preparing the land is the most crucial thing to achieve a better yield. She hopes that with her loan she can have better returns from her farm.

Through CEVI, Mrs. T. is able to sustain her livelihood all the more. CEVI helps her get a loan, as well as training and insurance coverage services.

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

  • $7,000
    Average annual income
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $57,913,450
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Madiore to pay for the manpower during land preparation.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 1, 2009
Listed
Jun 23, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009