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Veronica
Veronica is 51 years old and is married. She has 8 children. Her children are between 32 and 14 years old. Veronica’s husband works as a farmer and driver.

Veronica has been engaged in farming for 25 years. She helps her husband till their land and plant crops, such as rice and corn. Veronica applied for a loan because they do not have the capacity to buy the farm inputs that they need. Veronica plans to use her loan to purchase fertilizers and pay for tractor rent.

In the future, Veronica hopes to improve their house. She also hopes to have a good 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
  • 491
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Veronica to purchase fertilizers and pay for tractor rent.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 16, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012