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Josephine
Josephine L. is from the town of Sto. Niño. She is 49 years old, married, and has five school-aged children. To make a living, Josephine owns and operates a business venture in the agriculture sector planting and harvesting rice for sale. Josephine has been engaged in her business for over 29 years now.

In 2008, Josephine joined Kiva partner, CEVI, to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan from CEVI. Josephine is requesting a new loan of 15,000 PHP, which will be used to purchase fertilizers such as manure. This loan will be her sixth from CEVI. She plans to use the additional revenue generated from the business to supplement her family's income.

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
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,291,725
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Josephine to purchase fertilizers, such as manure.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 11, 2010
Listed
May 13, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010