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Teresita F. has a rice farming business in Sto. Niño, South Cotabato. Her rice field is about 2 hectares. She is 56 years old with 8 children; her eldest is 32 years old. She started this business back in1976.

Now she has joined Community Economic Ventures, Inc., requesting a loan of Php 15,000. She will use it to pay the hand tractor in her farm and provide inputs for the land. It will help her a lot not to borrow money from a rice trader who charges a lot of interest.

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
  • 945
    View loans »
    Philippines Loans Fundraising
  • $63,405,800
    Funds lent in using Kiva
  • 47.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Teresita agricultural financing.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 22, 2009
Oct 29, 2009
Currency Exchange Loss:
Apr 15, 2010