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Lucy P., 39-year-old mother of seven children, started farming as a tenant. Now, she finally owns the land that she and her husband are tilling. She wants to make it productive. She thinks that her farm proceeds will send all her children to school until college.

She would like to ask for a loan of Php 14,000 from CEVI. She will use the loan to purchase sacks of seed and fertilizer. She thinks that by doing so, she could improve their harvest.

CEVI is reaching out to a lot of poor families. It gives 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
  • 394
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Lucy to purchase sacks of seed and fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 5, 2009
May 18, 2009
Currency Exchange Loss:
Nov 15, 2009