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Steven
Steven is a 44-year-old married man with five children. His oldest child is 20 years old while the youngest is seven. His wife maintains a vegetable garden.

Steven grows rice to earn a living. He tills his own land and prepares it well for growing crops. Steven has been in rice farming for 10 years. He usually earns 3000 PHP per month from his business. He currently needs seeds, fertilizers and other farm inputs. He applied for a loan so he could fund his farm. Steven works hard to provide the needs of his family.

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
  • 1130
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Steven to purchase seeds, fertilizers and other farm inputs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 18, 2011
Listed
May 10, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011