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Ravelyn
Ravelyn C. is from the town of Surallah. She is 24 years old, married and has a 4-year-old child. Ravelyn owns and operates a business raising livestock, primarily pigs, for fattening and sale. Ravelyn also helps her husband maintain their rice farm.

Ravelyn joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ravelyn has successfully repaid a previous loan from CEVI. She is requesting a new loan of 17,000 PHP which will be used to purchase piglets, feed and farm supplies. She plans to use the additional revenue generated from the business to improve it.

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
  • 1425
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ravelyn to purchase piglets, feed and farm supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 22, 2010
Listed
Nov 22, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011