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Letecia
Rice farming is the main source of income of Letecia L.. She is 70 years old, living in Sto. Niño, South Cotabato with five children. She manages a one hectare rice field. She needs financial assistance to sustain her farm. She has joined Community Economic Ventures, Inc. because of its low interest charge for financing. She's requesting a loan of Php 5,000 to buy farm inputs.

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
  • 1147
    View loans »
    Philippines Loans Fundraising
  • $54,905,900
    Funds lent in using Kiva
  • 47.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Letecia agricultural financing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 22, 2009
Listed
Oct 29, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010