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Eugenia
Eugenia B. is 41-old, has one child in school, and -- with her husband -- is a rice farmer. The school is raising the tuition and book fees. She sells a variety of godds in her small "sari-sari" store, which supplements somewhat the income from rice farming. "Sari-sari" means variety in the Philippines. Its like a sundry shop.

She is requesting a loan to buy fertilizers and to add more merchandise in her store. This will increase the yield of her small farm and help her attract more customers in her store.

CEVI helps her grow her farm. She has access to CEVI credit assistance, trainings and insurance coverage.

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
  • 1396
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Eugenia to buy fertilizers for a rice farm and inventory for a small general store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 12, 2009
Listed
Mar 6, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009