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Carmen
Carmen C., 52 years old, is a rice farmer in Norala, South Cotabato. She started her business in 1990 and is still tilling her farm hoping that she will be able to have an abundant harvest.

When she started farming, Carmen said that it was really difficult, especially since the farm needed enough capitalization to grow rice. She was happy that she joined CEVI and was able to get access to small loans.

Now, Carmen would like to apply for a loan of Php 12,000 from Community Economic Ventures, Inc. She will use the loan to buy farm supplies to grow her crops well.

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
  • 520
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Carmen to buy farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 7, 2009
Listed
Dec 25, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010