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Irenea
Irenea O. is from the town of Surallah. She is 54 years old, married, and has three children. To make a living, Irenea raises 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. Irenea works hard to provide for the increasing needs in her household. She hopes to have a stable income.

Irenea joined CEVI to gain access to financial services to help improve her living situation and ability to engage in business activities. Irenea has successfully repaid a previous loan from CEVI. Irenea is requesting a new loan of 15,000 PHP, which will be used to purchase fertilizers such as manure. She plans to use the additional revenue to improve her business.

Additional Information

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.

About Philippines

  • $1175
    Average annual income
  • 1080
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Irenea to purchase fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 22, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011