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48-year-old Lorna E. owns a small rice field in their village. She has four children who are all studying and a husband, Leopoldo E., who manages their farm. It was in the year 1980 that they started farming. They have been doing the same thing because they are able to earn a better income from growing rice, which helped sustain their family for years now.

However, she is currently needing additional capital for her business. She would like to ask for a loan worth Php 10,000 to buy fertilizer and chemicals. She hopes that by making this move, she will be able to improve their harvest.

Lorna chose CEVI because of its services. She receives not just loans but education as well to run her 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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Lorna to purchase fertilizer and chemicals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jul 20, 2009
Jul 25, 2009
Currency Exchange Loss:
Dec 15, 2009