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Mrs. Magdalena G. does farming for a living. She is 63 years old and married with eight children. Her older children are already married. She continues farming to help provide for her family. She wants her grandchildren also to benefit from her business. Aside from farming, she also sells fruits and vegetables. She hopes for her business to grow.

Magdalena is requesting a loan of 8,000 PHP. She will use it to buy fertilizers and other farm supplies she needs.

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
  • 717
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 45.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Magdalena farm Supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Mar 3, 2010
Mar 29, 2010
Currency Exchange Loss:
Sep 15, 2010