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Helen
Helen E., age 39, lives on a farm with her husband and their 10-year-old adopted child. To finance their farm, they had borrowed money from financing groups that charge a high interest rate.

Helen is thankful that CEV accommodates farmers, because they really need the money to support their farm. When she became a member, she stopped borrowing from other individuals and financing groups.

She has requested a loan of Php 10,000 to be used for farm inputs. Helen hopes she can save extra money for her child’s future with the low interest offered by CEV.

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
  • 1044
    View loans »
    Philippines Loans Fundraising
  • $57,699,900
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Helen farm Financing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 16, 2009
Listed
Sep 15, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010