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Salvacion
Salvacion T. is a rice grower. During harvest, she sells her rice to traders in their hometown. She is a 51-year-old mother of one child. Her husband and son are working their 1-hectare rice field. They never complain about working under the heat of the sun while they plow the field. Farming is their main source of livelihood. This is where they get enough money to pay for all their needs.

Salvacion is requesting a loan to purchase fertilizer. Through this loan, she believes that they can double their yield. In this way, they will be able to send their son to college and meet the needs of their family. Salvacion also wants to try another line of business to augment their income. This loan will help her to sustain their farm and to start a new business.

Salvacion is one of the many clients served by CEVI. CEVI offers credit assistance, training, and insurance coverage services to the poor.

Additional 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

  • $7,000
    Average annual income
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Salvacion to buy fertilizer.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 22, 2008
Listed
Jan 19, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009