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Marjorie
Marjorie C. is a 39-year old farmer with three children. She grows rice and sells her grains to their neighbors. She started farming in 1994 using the 1-hectare (2.5-acre) farm that she inherited from her parents.

Marjorie would like to ask for a loan of Php 15,000. She wants to buy fertilizers to improve the soil condition of her farm. She hopes that this move will help a lot in improving her yield and her income as well.

CEVI is a partner of World Vision Philippines. The reason why Marjorie chose CEVI was that CEVI provides a wide array of services to the poor. It gives not just loans but training and insurance also.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 47.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Marjorie to buy fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 10, 2009
Listed
Jun 29, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009