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Ejerose
Ejerose L. is a 22-year-old rice grower in Veruela Agusan del Sur, in Mindanao. She has two children. Her eldest is three and ready to go to preschool next year. Currently, her family tills a 1-hectare farm which she expects to help support their needs like food, clothing and medicines. Aside from her income from growing rice, she also tried selling food items in school as a way to augment their family income.

She is asking for a loan of PHP 6,000 from the Kiva field partner, Community Economic Ventures Inc. She will use the loan to pay for the equipment that she rented and the laborers that helped on her farm during land preparation.

She said that she likes the program of CEVI a lot because it really helps many farmers like herself have access to funds to sustain their livelihood.

Additional 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
  • 1443
    View loans »
    Philippines Loans Fundraising
  • $59,143,875
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Ejerose farm financing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 2, 2009
Listed
Sep 17, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010