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Novie
Novie is a mother of three children. She manages a rice-farming business in Norala, South Cotabato. She works hard to improve the land and the crops she planted in order to have a good harvest. At the age of 38, her eldest child is 9 years old. She wants to continually support her family through her farm.

She heard about Community Economic Ventures, Inc., a Kiva partner that offers financial assistance with low interest rates. She became a member of CEVI in 2008. Now she would like to request a loan of 15,000 Philippine pesos to buy fertilizers and necessary supplies for her farm.

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
  • 1141
    View loans »
    Philippines Loans Fundraising
  • $54,566,475
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Novie fertilizers and farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010