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Exaltacion
Exaltacion D. is a 58-year-old widow and the mother of three children. She has a small rice farm which is 1 hectare (2.5 acres) in size. She dreams of making it more productive in honor of her parents who gave her the farm.

Now, Exaltacion needs a little help to keep going with her business. She would like to apply for a loan of Php 5,000 to purchase two bags complete fertilizer and chemicals.

Exaltacion chose CEVI because of its services. CEVI provides not just loans but education as well to enable entrepreneurs to manage their businesses.

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
  • 955
    View loans »
    Philippines Loans Fundraising
  • $54,415,025
    Funds lent in using Kiva
  • 48.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Exaltacion to purchase two bags complete fertilizer and chemicals.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 21, 2009
Listed
Jul 27, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010