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Vicenta
Vicenta D. is 52 years old and married with ten children. She tills a small parcel of land, which she inherited from her father. Her life is in farming and she loves growing crops, especially rice. Vicenta believes that rice is an important commodity, and will always be a good business opportunity. Her husband, who is also a farmer, is her partner in sending all their children to school and in meeting the family needs.

Vicenta needs a loan of $125 to purchase sacks of certified seed and fertilizers. She also plans to open a store where she can sell her farm produce, and increase her profits to support her family.

CEVI always seeks what is best for its clients. Through credit assistance, training, and the insurance coverage they offer to entrepreneurs like Vicenta, CEVI benefits the lives of the people in the community.

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
  • 1212
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 49.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Vicenta to purchase certified seeds and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 27, 2008
Listed
Dec 19, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009