A loan of $150 helped to purchase farm inputs like seeds and fertilizers.

Erlinda's story

Erlinda C. is from the town of Sta. Josefa. She is 50 years old. Erlinda is married and has 3 children. To make a living, Erlinda owns and operates a business venture in the agriculture sector raising crops. While not the only means for generating revenue, the main source of income for the business comes primarily from planting and harvesting rice for sale. Erlinda hopes for her farming to be successful.

Erlinda joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Erlinda has successfully repaid a previous loan from CEVI. Erlinda is requesting a new loan of 6,000 PHP, which will be used to purchase farm inputs like seeds and fertilizers. This loan will be the second loan taken out by Erlinda from CEVI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About CEVI:

Community Economic Ventures, Inc (CEVI) has increased its portfolio significantly over the recent years. Based in Bohol, they have numerous branches throughout the Philippines. In 2009, CEVI was awarded a CGAP silver award for transparency in social performance monitoring. CEVI not only provides credit for its clients but additionally savings, insurance, and training which are provided through regular cluster group meetings.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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