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Lucia L. is a rice grower. She is 49 years old and has four children. Her husband, Lito L., is also a farmer. Together they want to provide a better life for their children. She helps her husband manage their small rice field. Their harvest is intended for family consumption while the rest is sold to rice traders in their village.

She is asking for a loan of Php 6,000 from CEVI. She will use the loan to purchase sacks of Urea fertilizer and other farming needs. The loan will help her increase her yield. At some point, Lucia will be able to support the schooling of her kids because she is planning to venture into another business.

CEVI aims to help small business to grow. It provides not just loans but training and insurance coverage as well.

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
  • 411
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Lucia to buy Urea fertilizer and other farming needs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 22, 2009
May 8, 2009
Currency Exchange Loss:
Oct 15, 2009