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Carmelita
Carmelita is a 60-year-old woman from San Miguel, Bohol. She has been engaged in the farming business for 40 years now. She raises rice plants in this area. This is the source of her income.

Carmelita is requesting a loan to buy fertilizer and a sprayer and pay for labor. This will be used in her farming business. Through this loan, she will be able to buy such things.

In the future, Carmelita hopes to expand 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
  • 269
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Carmelita to buy fertilizer and a sprayer and pay for labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013