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Norma
Norma A. spent her life on the farm. Since she was just a little girl, she has been work hard to help support her parents and grow crops for their livelihood. Now she has two children. Her husband manages a one-hectare (~2.5-acre) rice field. At first, their harvest was intended for family consumption until they decided to sell the excess for additional income for their family.

Now, she needs additional capital to support her business. She is applying for a loan of Php 10,000 from Community Economic Ventures, Inc. She will use the loanto buy a unitsprayer and foliar fertlizer (fertilizer that is applied directly to plant leaves).



CEVI helps farmers sustain their livelihood. Through the credit services, training, and insurance coverage services that it offers, more and more were able to grow their business.

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
  • 304
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Norma to buy a unit sprayer and foliar fertlizers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 2, 2009
Listed
Jul 19, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009