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Elena
Elena has one hectare of farmland that she wishes to harvest. Last harvest, she managed to produce 80 sacks of rice. She is aiming to produce the same, if not more this time around. She also will use the loan to buy feed for her two female pigs who are both producing piglets. She sells the piglets at the local market. Elena really wants her two businesses to do well so that her two children can enjoy a good education. Elena started borrowing in 2008 and is really grateful for the progress she has been able to see so far.

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
  • 1495
    View loans »
    Philippines Loans Fundraising
  • $59,200,750
    Funds lent in using Kiva
  • 46.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Elena rice harvesting and pig feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 28, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010