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Luz P.'s rice-farming business is improving with the financial help offered by micro-finance institutions. Since 2008 Luz has been a member of Community Economic Ventures, Inc., an MFI and one of Kiva's field partners. She was able to finance her business with a small interest charge.

Now she is requesting a loan of 15,000 PHP to continually support her rice field. She is glad that her daily needs are met by the income she makes.

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
  • 1215
    View loans »
    Philippines Loans Fundraising
  • $63,454,575
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Luz farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Nov 11, 2009
Nov 23, 2009
Currency Exchange Loss:
May 15, 2010