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Teresita
Teresita, 46, spends a lot of time managing her rice-farming business. She enjoys working on the farm because it provides for the food, shelter and clothing of her family. She is married to Wilfredo and they have five children.

She would like to continue working on her farm for the sustenance of her family but is limited as to financing the business. That’s why she joined Community Economic Ventures, Inc.: to be able to take a loan intended for her business. She requested a loan of 8,000 Philippine pesos, enough to buy materials and supplies she needs for the farm.

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
  • 1250
    View loans »
    Philippines Loans Fundraising
  • $56,263,100
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Teresita farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 28, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010