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Mary Grace
"My parents are farmers that is why I know everything how to plant rice seedlings and harvest the grains. My husband and I are tenants. We till the land of our friend which we use to earn a living for all our family needs. Until now, we are still tenants but we never stop dreaming that someday, we will be able to buy our farm," says Mary Grace R., a 32-year-old mother of three children.

She would like to ask for a loan of 10,000 PHP from CEVI. She will use the loan to purchase seeds, urea and complete fertilizers. She is also interested in venturing into another line of business.

CEVI helps small businesses grow. They provide 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
  • 344
    View loans »
    Philippines Loans Fundraising
  • $70,736,800
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Mary Grace to purchase seeds, urea and complete fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 20, 2009
May 24, 2009
Currency Exchange Loss:
Nov 15, 2009