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Eduardo
Eduardo U. owns a rice farm. He learned to grow rice from his parents. Now that he has his own family, he works his best to increase his yield to support the needs of his child well. He is 48 years old and has only 1 child. He wants to send his child to school. His harvest is what he depends on for the future of his family. Almost all of his harvest is saved for family consumption, while the remainders are sold to some rice traders in their village.



He is requesting a loan from CEVI (Kiva's Field Partner) for Php 12, 000. He will use the loan to buy the necessary fertilizers, herbicides and other chemicals for his farm. His loan will truly give Eduardo better harvest. In this way, he will have more to give to his family.



CEVI is helping people to start and grow their businesses. By joining in the CEVI program, more people accessed the credit assistance, trainings, and insurance coverage that CEVI gives to all its clients.

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
  • 852
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 47.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Eduardo to purchase fertilizers, insecticides and molluscide.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 2, 2009
Listed
Mar 6, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009