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"My husband and I have been farming since the start of our marriage. We have been tilling the land for 12 years already. We use the 2 and 3/4 hectare farm to buy the things that we need," says Marly L., 39-year old mother of four children.

She would like to ask for a loan of PHP 10,000 from CEVI. She will use the loan to purchase fertilizers and chemicals. In doing so, she thinks that her loan will help increase their harvest.

CEVI provides financial services to the poor. CEVI gives not just loans but trainings and insurance 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
  • 371
    View loans »
    Philippines Loans Fundraising
  • $66,137,075
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Marly to purchase fertilizers and chemicals for farming.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
May 22, 2009
Jun 5, 2009
Currency Exchange Loss:
Oct 15, 2009