Rosalinda is a rice farmer. She currently owns two hectares of rice field which she and her husband till together. The farm is the main source of income for her family.
In 2007 Rosalinda joined CEVI to improve her living situation and ability to engage in business activities. She successfully repaid a previous loan from CEVI and now she is requesting her eighth loan from CEVI, for 20000 PHP, which she will use to purchase additional seeds, fertilizers and other farm inputs.
She plans to use the additional revenue to supplement her family's income.
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.
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Success!! The loan was 100% repaid