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Ofelia
Ofelia F. is from the town of Sto. Niño. She is 44 and married with seven children. Her eldest child is 23 years old and the youngest is 7. Ofelia is a farmer. She plants and harvests rice crops to earn a living. She also raises hogs to augment her family income. Ofelia works hard to help sustain her children's education.

Ofelia joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Ofelia has successfully repaid a previous loan from CEVI. Ofelia is requesting a new loan of 17,000 PHP which will be used to purchase additional seed, fertilizer, piglets and feed.

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
  • 1403
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Ofelia to purchase seeds, fertilizer, piglets and feed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 12, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011