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Margelyn A. is 40 years old and has a farm. She manages to grow rice so that she will be able to help her family buy food, clothing and other basic needs. She has been a farmer since she was born. Her parents are farmers and all her life was spent on the farm.

She would like to grow her business. She needs additional capitalization and requests for a loan of Php 15, 000 from Community Economic Ventures Inc. She plans to buy farm supplies so that she will be assured of a quality harvest and income. The loan will truly help her expand her business as well.

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
  • 1103
    View loans »
    Philippines Loans Fundraising
  • $63,502,950
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Margelyn farm Supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Dec 7, 2009
Dec 23, 2009
Currency Exchange Loss:
Jun 15, 2010