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Mary Grace
Mary Grace B., 35 years old, is a rice farmer. She has four children. Her eldest, who is sixteen years old, might not be able to go to college. As the family’s finances are already tight, enrolling her child in college would surely eat up the family’s limited income.

Mary Grace is requesting a loan of 8,000 PHP from Community Economic Ventures, Inc., as she would like to grow her business. She will use the loan to buy farm supplies, allowing her to increase profits from her crops and so send her children to school.

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
  • 1001
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Mary Grace to purchase 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